The import of dried shelled peas to Canada is projected to see consistent growth from 2024 to 2028, with forecasts indicating a rise from $30.855 million to $35.411 million. Year-on-year growth shows a steady increase, with 2024 to 2025 expected at nearly 3.8%, 2025 to 2026 at approximately 3.6%, 2026 to 2027 at about 3.4%, and 2027 to 2028 anticipated at 3.2%. With an average annual growth rate (CAGR) around 3.5% over five years, this points to a healthy and sustainable increase in import values.
Future trends to monitor include:
- Global supply chain shifts that may impact import costs and availability.
- Consumer preference changes towards plant-based diets influencing demand.
- Potential trade policy adjustments that could alter import dynamics.
