The import of prepared or preserved shelled beans into Canada has steadily increased, with forecasted values rising from $24.037 million in 2024 to $25.629 million by 2028. Year-on-year growth rates show small but consistent increases: 1.71% for 2025, 1.64% for 2026, 1.58% for 2027, and 1.53% for 2028. The overall compound annual growth rate (CAGR) across the forecasted period is approximately 1.62%, indicating stable growth. In 2023, the import value stood at $23.681 million, marking the start of this upward trend.
Future trends to monitor include changes in consumer preferences, trade policies impacting import tariffs, and the competitive landscape. Consumer interest in plant-based proteins may drive further demand for shelled beans, while any shifts in trade agreements could alter import dynamics.
