The consumption of canned blueberries in Canada has shown significant fluctuations over the past decade. From 2013 to 2016, there was a steady increase from 490 to 560 metric tons, followed by a sharp spike to 930 metric tons in 2017. Subsequent years experienced volatility, with a peak of 930 metric tons again in 2020, followed by a notable drop to 380 metric tons in 2021. Recent data show a moderate rebound to 620 metric tons in 2022, slightly decreasing to 590 metric tons in 2023.
Key Points:
- Year-on-year variation showed significant volatility, particularly with a peak in 2017 (66.07%) and a trough in 2021 (-59.14%).
- The 5-year CAGR indicates an average annual decrease of 7.47% from 2018 to 2023.
- Forecast for the next five years predicts stabilized consumption at 600 metric tons annually, reflecting a zero growth rate.
Future Trends to Watch For:
- Potential impact of health trends promoting berry consumption.
- Influence of economic factors on consumer spending power for canned goods.
- Possible substitution with fresh or frozen blueberries as consumer preferences evolve.
