Forecast: Raw Sugar Gross Production in Canada

In 2023, Canada's raw sugar gross production was approximately 19.1 million US Dollars PPP. The forecast indicates a downward trend from 2024 to 2028, with an annual decline of 2-3%. Year-on-year variations suggest a gradual decrease, driven by factors affecting production and demand. The compound annual growth rate over this period is negative, underlining the consistent reduction in production value.

Future trends to watch include:

  • Potential impacts of environmental changes or agricultural policies on production.
  • Shifts in global sugar markets that might influence Canadian exports.
  • Technological advancements in sugar production and processing efficiency.

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