Based on forecasted data from 2024 to 2028, Canada's re-import of sweet potatoes is expected to follow a decreasing trend. In 2023, imports were at $4.8 thousand, indicating a decline starting from 2024 at $4.6 thousand, anticipated to eventually reach $3.67 thousand by 2028. Each year shows a year-on-year decrease, with the compound annual growth rate (CAGR) over five years marking a consistent reduction in import value.
Future trends to watch for include:
- Potential shifts in domestic production impacting import needs.
- Changing consumer preferences and health trends affecting demand.
- Geopolitical factors or trade policies influencing international supply chains.
