The import value of pedestrian-controlled tractors to Canada in 2023 was 9.3467 million USD. Over the years, this market has experienced notable fluctuations. The most significant growth happened in 2015 with a year-on-year increase of 173.06%, followed by a substantial drop in 2016 of 53.6%. The recent years have seen more moderate changes; 2022 observed a 2.32% increase and 2023 a 2.22% rise in imports.

The Compound Annual Growth Rate (CAGR) over the last five years (2019-2023) stands at -0.64%, indicating a slight decline over this period. However, future forecasts for 2024-2028 suggest a 5-year CAGR of 1.54%, signaling a positive trend with an estimated total growth of 7.92% by 2028.

Future trends to watch for include:

Technological advancements in pedestrian-controlled tractors which could drive demand.
Trade policies and regulations impacting import levels.
Fluctuations in the Canadian agricultural sector which might influence needs for these tractors.