In 2023, Canada's barley grain exports were 2.75 million metric tons. The forecast for 2024 is 2.89 million metric tons, increasing to 3.47 million metric tons by 2028, showing consistent year-on-year growth. The projected compound annual growth rate (CAGR) from 2024 to 2028 is approximately 4.54%, indicating a steady upward trend in barley grain exports.

Future trends to watch for include:

Growing demand for barley in Asian markets, driven by livestock feed and beverage industries.
Potential impacts of climate change on barley yields and export volumes.
Trade agreements and tariffs that could affect bilateral trade in agriculture.
Technological advancements in agricultural practices improving yields.