The forecast for orange juice supply in Canada from 2024 to 2028 shows a consistent increase in volume, starting at 348.62 thousand metric tons in 2024 and gradually rising to 353.53 thousand metric tons by 2028. This steady growth represents a year-on-year increase of approximately 0.37% from 2024 to 2025, 0.35% from 2025 to 2026, 0.34% from 2026 to 2027, and 0.33% from 2027 to 2028. Over the last two years, the annual growth rate was 0.36% on average. The Compound Annual Growth Rate (CAGR) calculated for the period from 2024 to 2028 was around 0.35%.
Looking forward, several future trends should be monitored:
- Weather and climate changes affecting orange production in major exporting countries.
- Potential shifts in consumer preferences towards fresh juices or plant-based alternatives.
- Trade policies and tariffs influencing import costs and supply chain dynamics.
- Technological advancements in agriculture and supply chain efficiencies.
- Health trends and dietary guidelines impacting orange juice consumption patterns.
