In 2023, Canada's olive oil imports stood at 41.0 thousand metric tons. The forecasted data shows steady growth from 2024 to 2028, reaching 44.0 thousand metric tons in 2028. The imports maintain a value of 42.0 thousand metric tons in both 2024 and 2025, increasing by 1 thousand metric tons per year in the following years. This indicates a steady growth trend in olive oil imports with an average year-on-year growth of approximately 2.4% over the forecast period.
Future trends to watch for include potential shifts in consumer preferences toward healthier cooking oils, changes in trade policies, and market fluctuations that could impact import volumes. Monitoring these factors will be crucial for understanding and predicting further dynamics in Canada’s olive oil import market.
