In 2023, the actual export volume of fresh pumpkins and squash in Canada stood at approximately 42.6 thousand metric tons. The forecast for 2024 to 2028 indicates a steady increase, reaching 46.22 thousand metric tons by 2028. The year-on-year growth rates from 2024 are 2.1%, 1.7%, 1.4%, and 1.2%, showing a slowing growth trend. The compound annual growth rate (CAGR) over this five-year period is about 1.6%, reflecting modest but consistent growth in export volumes.
Future trends to watch for include:
- Potential impacts of climate change on crop yield.
- Shifts in international demand due to changing consumer preferences.
- Trade policy changes that could affect export dynamics.
- Technological advancements in agriculture that could enhance production efficiency.