In 2023, the import of frozen peas to Canada was presumably at $13.00 million USD. Forecast data indicates a steady year-on-year growth rate of approximately 2.46% from 2024 through 2028, with values rising from $13.308 million USD in 2024 to $14.583 million USD in 2028. The five-year compound annual growth rate (CAGR) is approximately 2.32%, reflecting a consistent upward trend.
Future trends to watch for include:
- Potential impact of climate change on pea production, affecting import needs.
- Changes in consumer preferences towards frozen and convenient food products.
- Trade policy shifts impacting import tariffs or regulations.
