The forecast for Canada's barley domestic disappearance from 2024 to 2028 shows a consistent decline from 4.61 million metric tons to 3.79 million metric tons. The year-on-year percentage decrease is evident with a 4.55% drop from 2024 to 2025, followed by a 4.55% reduction to 2026, 5% from 2026 to 2027, and 5.01% from 2027 to 2028. The cumulative average growth rate (CAGR) over these five years is negative, indicating an average annual reduction in barley consumption.
Future trends to monitor include potential impacts from changing agricultural policies or climate conditions affecting barley production, shifts in consumer preferences towards alternative grains, and any technological advancements in farming that could influence the domestic barley market.
