The forecast for shelled walnut imports in Canada from 2024 to 2028 shows a consistent upward trend. Actual imports in 2023 stood at 26.75 thousand metric tons. The year-on-year growth rates are as follows:
- 2024: 1.61%
- 2025: 1.58%
- 2026: 1.59%
- 2027: 1.50%
- 2028: 1.51%
The compound annual growth rate (CAGR) for the five-year period from 2024 to 2028 is approximately 1.56%.
Future trends to watch for include the potential impacts of trade policies, fluctuations in global walnut production, and changing consumer preferences towards healthier snacks which could further drive demand.
