As of 2023, the Canadian chicken meat export volume was notably lower compared to the forecasted figures. In 2024, the export volume is projected to be 115,000 metric tons, with a slight increase to 116,000 metric tons from 2025 through 2028. This represents a stable export trend with a negligible year-on-year growth of less than 1%. Over the five-year forecast period from 2024 to 2028, the compounded annual growth rate (CAGR) remains flat due to consistent volumes.
Future trends to monitor include:
- Global demand fluctuations influenced by dietary preferences and health trends.
- Trade agreement developments that could open new markets or alter current trade dynamics.
- Potential changes in production costs, which may impact competitive pricing and export competitiveness.
- Environmental policies and sustainability practices affecting production and market access.