Maize production at farm gate in Canada has shown fluctuating yet generally increasing values over the years. From 2013 to 2023, the value grew from 2.57 billion USD to 2.29 billion USD. Particularly notable is the downward trend until 2016, where values showed sporadic decreases, followed by a consistent upward trend from 2017 onwards. As of 2023, the value stood at 2.29 billion USD, reflecting a steady increase, particularly in recent years, albeit with minimal growth rates as evident in the 1.04% increase from the previous year and a modest CAGR of 0.92% over the last five years.

Future trends to watch for:

Continued steady growth with expected values reaching 2.40 billion USD by 2028.
A forecasted 5-year CAGR of 0.77% suggests consistent, though modest, growth.
Potential impacts from advancements in maize farming technology and climate change policies.
Market demand fluctuations based on both domestic needs and international trading policies.