The forecasted import values of prepared or preserved fowl, duck, goose, and offal thereof to Canada from 2024 to 2028 show a gradual decline. Starting at 147.53 million USD in 2024, the values decrease marginally each year, reaching 146.11 million USD by 2028. This represents a continuous downward trend in imports, suggesting a slightly contracting demand for these products over the forecast period. The year-on-year percentage change shows minor declines annually, hinting at a stable yet declining market environment. The 5-year CAGR indicates a small annual reduction in imports, emphasizing a consistent decrease throughout the years.
Future trends to watch for include:
- Shifts in consumer preferences towards alternative proteins or more locally sourced poultry products, which could further affect import levels.
- Changes in trade policies or tariffs, potentially impacting the cost-effectiveness of imports.
- Developments in global fowl production and supply chains, which may influence availability and pricing.
- Environmental regulations impacting poultry production and processing, potentially altering the import landscape.
