Forecast: Dry Peas Domestic Disappearance in Canada

The forecast for Canada's dry peas domestic disappearance indicates a slight decline from 716.3 thousand metric tons in 2024 to 711.8 thousand metric tons by 2028. The year-on-year decrease from 2023 is gradual, suggesting a stable but slightly declining demand. In 2023, the domestic disappearance stood at 720 thousand metric tons, hinting at a diminutive downward trajectory over time. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) reflects a steadied contraction, signaling modest shifts in market dynamics.

Future trends to watch for:

  • Potential policy or trade agreements that could impact domestic consumption or export.
  • Changes in consumer dietary preferences influencing demand for plant-based proteins.
  • Environmental factors affecting agricultural production capabilities.

Top Countries about Dry Pea