The forecast for orange juice imports in Canada from 2024 to 2028 shows a consistent decline in volume, decreasing from 72.2 thousand metric tons in 2024 to 59.04 thousand metric tons by 2028. This trend indicates a year-on-year percentage reduction, with an average compound annual growth rate (CAGR) over the five-year period reflecting a negative trajectory. In 2023, the import volume stood at an estimated 75.54 thousand metric tons, highlighting the continued downward trend as imports steadily decrease.
Potential future trends to observe include:
- Changes in consumer preferences and health awareness affecting juice consumption.
- Global orange production levels and potential supply chain disruptions.
- Trade policies and agreements impacting import volumes and tariffs.
