Canada's barley export is projected to grow steadily from 2.59 million metric tons in 2024 to 2.68 million metric tons by 2028. The average annual growth rate, or CAGR, over this five-year forecast period is approximately 0.87%. Between 2024 and 2025, the exports are expected to increase by 0.77%, followed by a 0.77% rise in 2026, 1.14% in 2027, and 0.75% by 2028. In 2023, the actual barley exports stood at 2.57 million metric tons, indicating a consistent upward trend.

Future trends to watch for:

Fluctuations in global demand due to geopolitical and climatic factors.
Canada's agricultural policies and trade agreements impacting export capabilities.
Technological advancements in farming and logistics could enhance export volumes.
Potential market diversification impacts driven by changing consumer preferences.