The pork market volume in Canada showed fluctuations from 2014 to 2023. In 2023, it stood at 896,000 metric tons, with a year-on-year growth of 0.45%. Over the last five years, it experienced an average annual growth rate (CAGR) of 0.54%. Key variations include a notable 10.33% increase in 2015 and a 6.35% decrease in 2016. The years 2019 to 2021 saw subtle growth, followed by a slight decline in 2022.
The forecast suggests a steady growth trend from 2024 to 2028, with a predicted five-year CAGR of 0.34% and a growth rate of 1.7% over this period.
Future trends to watch for include potential impacts of changing consumer preferences, advancements in animal husbandry, and fluctuations in international trade policies affecting pork imports and exports.
