The import of soya sauce to Canada, forecasted in million US dollars, shows a continuous upward trend from 2024 to 2028. In 2023, the imports stood at a value lower than the forecasted 46.148 million dollars for 2024. Year-on-year, the forecast indicates steady growth in value: 2.78% in 2025, 2.66% in 2026, 2.53% in 2027, and slightly decreasing to 2.42% in 2028. The compounded annual growth rate (CAGR) over the five-year period is projected at a consistent and healthy rate.
Future trends to watch for include the increasing demand for Asian cuisine, which could further drive the import volumes. Moreover, trade relations and tariff changes could impact import costs and volumes. Monitoring consumer preferences for healthier alternatives might also shift the landscape of soya sauce imports in Canada.
