The forecast for Canada's butter exports from 2024 to 2028 remains consistent at 1.0 thousand metric tons each year. In 2023, exports were also at 1.0 thousand metric tons, indicating no change in volume anticipated over the forecast period. With no year-on-year variation or cumulative annual growth rate (CAGR) from 2024 to 2028, the data suggests a static outlook for Canadian butter exports.
Future trends to watch for include:
- Potential shifts in global demand for dairy products that could impact Canada's export strategy.
- Changes in trade agreements or tariffs that may affect export volumes.
- Technological or production advancements in the dairy industry that could alter supply capabilities.