In 2023, Canada's orange imports stood at approximately 173.33 thousand metric tons. The forecast data from 2024 to 2028 shows a steady decline in orange imports, with an anticipated average annual decrease of around 1% as revealed by the Compound Annual Growth Rate (CAGR). Year-on-year variations show a consistent downward trend: -1.04% from 2024 to 2025, -1.04% from 2025 to 2026, -1.04% from 2026 to 2027, and -1.04% from 2027 to 2028.
Future trends to watch for:
- Consumer preferences shifting toward locally grown produce or alternative fruits could impact orange import volumes.
- Potential trade policy changes affecting import duties and tariffs may influence the cost and volume of imports.
- Fluctuations in global orange supply due to climate change or geopolitical factors could alter import patterns.