In 2023, the supply of canned peaches in Canada stood at 18.25 thousand metric tons. The forecasted data from 2024 to 2028 indicates a slight declining trend. Specifically, between 2024 and 2028, the supply decreases from 18.17 to 17.82 thousand metric tons, denoting a continuous year-on-year reduction. The average compound annual growth rate (CAGR) over these five years is approximately -0.5%.
Future trends to watch include:
- Potential impacts of climate changes on peach production affecting supply chains.
- Consumer demand shifts towards fresh and alternative fruit options.
- Trade policies and import regulations that may adjust available supply.
