The forecast for the import of peaches and nectarines to Canada indicates a steady decline from 2024 to 2028. Comparing it to the actual import data from 2023, there is a noticeable decrease in import volumes, reflecting a yearly decrease in volume, with a compound annual growth rate (CAGR) reflecting a negative trend over this five-year forecast period. Year-on-year, the import volume decreases by approximately 2.84% from 2024 to 2025, 2.81% from 2025 to 2026, 2.83% from 2026 to 2027, and 2.86% from 2027 to 2028.
Looking ahead, potential trends to monitor include shifts in consumer preferences that could further decrease demand, changes in trade policies affecting import conditions, and fluctuations in domestic peach and nectarine production which might impact import needs. Additionally, potential impacts of climate change on peach and nectarine production in exporting countries could influence future import volumes to Canada.
