Forecast: Import of Whole Pepper of the Genus Piper to Canada

In 2023, Canada imported whole pepper of the genus Piper valued at approximately 19.5 million US dollars. The data reveals a forecasted downward trend in the import value from 2024 to 2028, with a year-on-year decline. Specifically, the import value is projected at 19.329 million dollars in 2024, decreasing to 18.533 million dollars by 2028. This reflects a compound annual growth rate (CAGR) of about -1.06% over five years.

Future trends to watch for:

  • Emerging market preferences for organic or specialty pepper varieties could impact import volumes positively.
  • Global trade policies and freight cost changes could influence import pricing.
  • Domestic production shifts could reduce dependency on international imports.

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