In 2023, Canada imported approximately 10.78 thousand metric tons of frozen corn. Projections indicate a steady increase in imports from 10.98 thousand metric tons in 2024 to 11.70 thousand metric tons in 2028, demonstrating a gradual upward trend. From 2023 to 2024, imports are forecasted to grow at a rate of approximately 1.86%. Over the following years, annual growth rates are forecasted to stabilize around 1.57% to 1.59%, with a compound annual growth rate (CAGR) of around 1.60% from 2024 to 2028.
Future trends to watch for include:
- Potential impacts of climate changes on corn production affecting supply.
- Trade policy shifts between Canada and key exporters.
- Technological advancements affecting storage and transportation.
- Consumer demand for frozen products driven by convenience and shelf-life.