Forecast: Green Peas Production in Canada

The forecast for green peas production in Canada shows a declining trend from 2024 to 2028, with production decreasing from 42.05 thousand metric tons in 2024 to 38.15 thousand metric tons in 2028. Year-on-year, the production drops by approximately 2.38% in 2025, 2.41% in 2026, 2.39% in 2027, and 2.43% in 2028. This suggests a consistent decline, emphasizing a challenging environment for green peas producers. The compound annual growth rate (CAGR) over this five-year forecast period illustrates an average annual decrease of around 2.42%.

Future trends to watch include:

  • The impact of climate change on crop yields and planting areas.
  • Potential technological advancements in agriculture that could improve productivity.
  • Market demand fluctuations driven by shifting consumer preferences and dietary trends.
  • Trade policies affecting export markets for Canadian green peas.

Top Countries about Pea