The forecast for the import of flour, meal, powder of fruit and nut, citrus or melon peel into Canada shows a steady increase from 2024 to 2028, starting at 37.024 million USD and reaching 45.003 million USD by 2028. Assuming a consistent upward trend seen in recent years, this signifies a positive year-on-year growth rate. In 2023, the import value stood at approximately 35 million USD. The projected compound annual growth rate (CAGR) over the five-year period is approximately 4%.
For future trends, consider the following points:
- Changes in consumer preferences for healthier ingredients could drive demand.
- Trade policy adjustments might impact import costs.
- Technology advancements in processing and preservation may influence the market dynamics.