Forecast: Sheep and Lambs Production in Canada

The Canadian sheep and lambs production is forecasted to decline gradually from 733.8 thousand heads in 2024 to 718.8 thousand heads in 2028. The year-on-year decrease is consistent, indicating slight reductions annually. This represents a projected decrease of approximately 0.6% year-on-year, with a compounded annual growth rate (CAGR) of -0.51% over the forecasted period. In 2023, the production was at 735.0 thousand heads.

Future trends to watch for:

  • Potential changes in consumer demand for sheep and lamb products, which could influence production levels.
  • Environmental factors and agricultural policies affecting livestock farming in Canada.
  • Advancements in farming technologies and practices that could influence productivity and efficiency.

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