The forecasted share of MPS commodities in the total value of agricultural production in Canada shows a steady decline from 79.47% in 2024 to 78.89% by 2028. As of 2023, the share was higher, marking a noticeable downward trend. The year-on-year variation indicates a gradual decrease, highlighting shifting preferences or structural changes within the agricultural sector. Over the five-year forecast period, the CAGR suggests a slight average annual reduction in the share of MPS commodities.
Future trends to watch include shifts in consumer preferences, technological advancements in agriculture, and policy changes affecting the agricultural commodity landscape, which could further influence the MPS share.
