The re-import of fresh or chilled onions and shallots to Canada is projected to decline consistently from 2024 to 2028, starting from 14.51 thousand kilograms in 2024 to 7.72 thousand kilograms in 2028. This represents a negative compound annual growth rate (CAGR) over the five-year period. Year-on-year variations indicate progressively decreasing volumes, highlighting a downward trend. In 2023, the actual volume was slightly above 14.51 thousand kilograms, suggesting a significant downturn starting 2024.
Looking ahead, key factors influencing future trends include:
- Potential shifts in domestic production capacities.
- Changes in tariff and trade regulations.
- Fluctuating demand due to consumer preferences and purchasing power.
- Environmental factors impacting both local and international agriculture.
