As of 2023, Canada's barley import volume stood at a significant level, establishing a baseline for forecast comparisons. Over the next five years, a declining trend is projected, with volumes decreasing from 84 thousand metric tons in 2024 to 56 thousand metric tons by 2028. This indicates a consistent year-on-year reduction in imports. The compounded annual growth rate (CAGR) reflects an average annual decrease across this period, demonstrating a persistent downward trajectory.

Future trends to watch for include:

Shifts in domestic barley production capability influencing import needs.
Fluctuations in global barley supply and prices impacting import volumes.
Changes in demand from key industries utilizing barley, such as brewing and livestock feed.