The forecast for the import of fresh or chilled peppers to Canada shows a steady increase from 2024 to 2028, beginning at 152.54 million kilograms in 2024 and rising to 161.28 million kilograms by 2028. In 2023, the actual imports stood at a slightly lower level which indicates a positive growth trajectory.
Year-on-year variations indicate a consistent upward trend with moderate growth in the range of 1.5% to 1.7%. The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 reflects a stable annual increase in the volume of imports.
Future trends to watch for include potential changes in Canada's agricultural trade policies, shifts in consumer preferences towards fresh produce, and possible climate impacts on both domestic and international pepper production, which could influence import volumes and market dynamics.
