In 2023, Canada's fluid milk import volume stood at 64.0 thousand metric tons. The forecast indicates a steady annual increase through 2028, starting at 67.0 thousand metric tons in 2024 and reaching 75.0 thousand metric tons by 2028. This reflects a consistent year-on-year growth rate of approximately 2.99%. Over the five-year forecast period, the compound annual growth rate (CAGR) for fluid milk imports is expected to be 3.29%.
Future trends to watch for include potential impacts from trade agreements, dairy policy reforms, and shifts in consumer preferences towards plant-based alternatives, which could influence import patterns and demand dynamics in the Canadian market.
