In 2023, Canada's import of lemons and limes was composed of a value before the forecast period. For 2024 and onwards, the data projects a steady increase in import values up to 2028. Specifically, there is an expected year-on-year growth rate of approximately 2.65% from 2024 to 2025, increasing steadily at similar rates through to 2028. This represents a consistent Compound Annual Growth Rate (CAGR) across the period, suggesting stable and predictable growth in imports over these five years.
Future trends to watch for include:
- Potential changes in consumer preferences for citrus products.
- Impact of trade policies and tariffs affecting import costs.
- Variations in domestic production and their influence on import demands.
- Global market shifts, including supply chain disruptions and climatic influences on lemon and lime availability.