Forecast: Raw Sugar Equivalent Import Volume in Canada

As of 2023, Canada imported 1.43 million metric tons of raw sugar equivalent. Forecasts indicate a stable import volume from 2024 to 2028, starting at 1.44 million metric tons in 2024 and gradually rising to 1.46 million metric tons by 2028.

Year-on-year variations from 2024 show minimal increments, underlining consistent demand with increases of 0.69% in 2026 and 0.69% in 2027. The five-year compound annual growth rate (CAGR) is 0.42%, reflecting a stable sugar import environment.

Future trends to watch for:

  • Global sugar price fluctuations and their impact on Canadian import costs.
  • Trade policy changes and potential new trade agreements affecting import dynamics.
  • Shifts in domestic consumption patterns driven by health trends or regulatory changes.

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