In 2023, the re-import of frozen peas to Canada was valued at 200.0 thousand US dollars. From 2024, the forecasted figures indicate consistent growth in the sector. The year-on-year growth for 2025 is projected at approximately 6.3%, while 2026 anticipates a 5.8% increase, continuing dynamically with 5.4% in 2027 and another rise of 5.0% by 2028. Over these five years, the compound annual growth rate (CAGR) is approximately 5.8%, ensuring a steady expansion in the market.

Future trends to watch for:

Potential changes in trade agreements and tariffs could significantly influence the import-export dynamics.
Advancements in agricultural technology might lead to improved yield and local production, affecting re-import demand.
Fluctuations in consumer preferences towards frozen foods impacted by health trends and environmental awareness.