The re-import of potato flour or meal to Canada is forecasted to grow steadily from 2024 to 2028. In 2023, the actual volume stood at 18.5 thousand kilograms. The year-on-year growth shows an average increase of around 4-5% annually. For the last two years, Canada observed a consistent demand, with a projected Compound Annual Growth Rate (CAGR) of approximately 4.6% over the five-year period.
Future trends to watch for:
- Potential changes in domestic production and consumption rates of potato products in Canada, affecting import needs.
- Global economic conditions impacting supply chain logistics and import preferences.
- Climate and environmental policies influencing agricultural outputs and re-import strategies.