By 2028, Canada's forecasted import volume of frozen green and wax beans is set to reach 12.98 thousand metric tons, indicating a steady growth trend from 12.42 thousand metric tons in 2024. The forecasted annual growth rate is consistent at 0.14 thousand metric tons per year. When considering percentage growth, an average compound annual growth rate (CAGR) of approximately 1.1% is evident over the five-year period. This growth could be attributed to increasing consumer demand and potential supply chain enhancements.
Future trends to watch include:
- Changes in consumer preferences towards healthier eating, potentially boosting demand.
- Trade agreements impacting import policies or tariffs.
- Global climatic conditions affecting production and supply dynamics.
