The forecast for the import of frozen whole fowls to Canada shows a consistent decline from 2024 through 2028, with quantities decreasing from 221.85 to 162.47 thousand kilograms. Compared to the actual data from 2023, the year-on-year percentage reductions reveal a steady downtrend, suggesting a broader decline in demand or shifts in supply chain dynamics in Canada. This decline represents a compound annual growth rate (CAGR) indicating a noticeable reduction in the imports of frozen whole fowls.
Future trends to watch for include:
- Shifts in consumer preferences towards fresh or alternative protein sources.
- Potential impacts of trade agreements or tariffs affecting poultry imports.
- Changes in domestic production capabilities and self-sufficiency in poultry supply.
- Economic factors influencing purchasing power that may impact import volumes.