In 2023, the import volume of butter and ghee in Canada stood at a significant level. The forecast data indicates a steady growth in import volumes from 2024 to 2028, with an annual increase observed year-on-year. The import volume grows steadily from 25.93 thousand metric tons in 2024 to 28.58 thousand metric tons by 2028, indicating a consistent upward growth trajectory.
Future trends to watch for:
- Exploration of domestic production capabilities to reduce dependency on imports.
- Potential impact of trade agreements on import volumes.
- Consumer preference shifts influenced by health trends and alternative product options.
- Price fluctuations influenced by global market dynamics may impact import strategies.