As of 2023, Canada's pork import volume was notably considered stable. Looking ahead, forecast data from 2024 to 2028 shows a steady increase, with values ranging from 275.32 to 282.93 thousand metric tons.
The year-on-year growth rate across this period shows a consistent pattern of increase: 0.71% from 2024 to 2025, 0.70% from 2025 to 2026, 0.67% from 2026 to 2027, and 0.65% from 2027 to 2028. Over the five-year span from 2024 to 2028, the cumulative annual growth rate (CAGR) reveals a modest upward trend.
Future trends to watch for include:
- Global trade policies affecting pork supply chains.
- Shifts in dietary preferences due to health and environmental consciousness.
- Currency fluctuations impacting import affordability.
- Domestic pork production changes influencing import needs.