The cassava import volume in Canada, forecasted to stand at 25.0 thousand metric tons in 2024 and 2025, is projected to see a slight increase to 26.0 thousand metric tons in 2026 and 27.0 thousand metric tons in both 2027 and 2028. In 2023, the actual import volume was 24.0 thousand metric tons, reflecting a steady growth pattern in subsequent years.
The year-on-year percentage variation shows minimal increments, indicating a stable demand for cassava. The five-year compound annual growth rate (CAGR) suggests gradual expansion, symbolizing growing market acceptance or steady population growth.
Future trends to watch include shifts in consumer preferences towards alternative carbohydrates, potential policy changes affecting imports, and advancements in domestic production capabilities that might influence import volumes.
