The forecasted supply of canned apricots in Canada is set to decline from 1,000 metric tons in 2024 to 820 metric tons in 2028, reflecting a downward trend over the five-year period. Starting at 1,000 metric tons in 2024, the supply decreases by 5% in 2025, followed by a 4.2% drop in 2026, then a 5.5% decline in 2027, and a 4.7% decrease by 2028. The compound annual growth rate (CAGR) over this period signals a consistent contraction of approximately 4.8% per year. As of 2023, before these projections, the supply was likely aligned with prior year levels in the absence of significant variations being reported.

Future trends to watch for include:

Potential impacts of climate change on apricot production in key supplier regions.
Changes in consumer preferences towards fresh or alternative fruit products.
Fluctuations in import tariffs or trade agreements that could affect supply chains.