As of 2024, forecasts indicate a steady increase in the import of frozen swine cuts to Canada, with values rising from $137.17 million in 2024 to $150.58 million by 2028. This reflects a consistent upward trend with an average annual growth rate (CAGR) over the five-year forecast period.
The year-on-year percentage growth from 2024 to 2028 is relatively moderate, indicating a stable demand and market expansion for frozen swine cuts in Canada.
Looking forward, future trends to watch for include:
- Currency fluctuations affecting import costs
- Trade policies impacting the meat trade
- Demand shifts due to consumer preferences
- Potential impact of alternative protein sources
