The import forecast for fresh or chilled swine carcasses and half carcasses to Canada shows a steep decline from 2024 to 2028, with values dropping from 504.2 kg to 64.01 kg. This represents a substantial year-on-year decrease with particularly sharp contractions in recent years. The compound annual growth rate (CAGR) for this five-year span reflects a significant negative growth trend, indicating a shrinking demand or increased local production capabilities.
Future trends to watch for include:
- Potential shifts in domestic swine production impacting import needs.
- Trade agreements or restrictions that might influence import volumes.
- Changes in consumer preferences or dietary trends affecting swine meat consumption.