The forecast for re-import of frozen prepared potatoes to Canada from 2024 to 2028 shows a clear declining trend. In 2023, the actual re-import stood higher, but 2024 is set to see a notable decrease. Annually, the volume is expected to drop consistently, highlighting a near 18% year-on-year reduction, leading to a five-year compounded annual growth rate (CAGR) of approximately -25%.
Future trends to watch for include evolving consumer preferences towards fresh produce, potential shifts in trade relations affecting import dynamics, and changes in domestic potato production impacting the necessity for re-imports.
