In 2023, Canada's cut tulip production was recorded at an estimated 139.2 million. Starting from 2024, a steady growth is observed, with a year-on-year increase ranging between 3.39% to 3.10%. The expected CAGR from 2024 to 2028 is approximately 3.5%, indicating moderate but consistent growth in production volume.
Looking forward, trends to monitor include:
- Impact of climate change on tulip cultivation and the potential need for adaptive agricultural practices.
- Shifts in market demand and consumer preferences towards sustainable and locally-sourced flowers.
- Potential technological advancements in floriculture that could enhance productivity and resource efficiency.