In 2023, the import of bulbs, tubers, corms, and chicory plant to Canada stood at a certain level, with a forecasted slight decline from 2024 through 2028. Year-on-year variations indicate a gradual decrease, with the forecasted value dropping from $39.025 million in 2024 to $38.175 million in 2028. The compound annual growth rate (CAGR) reflects a modest decrease over this five-year period.
Future trends to watch for include:
- Potential impacts of international trade agreements and tariffs on import levels.
- Shifts in domestic demand influenced by climatic conditions or changes in consumer preferences.
- Technological advancements in agriculture that could affect the supply chain.