In 2023, Canada's peanut supply stood at 132.8 thousand metric tons. From 2024 to 2028, the peanut supply shows a steady upward trend, improving annually by approximately 1%, from 134.08 to 139.15 thousand metric tons. Year-on-year analysis highlights a consistent increase averaging around 1% per year across the forecasted period, indicating stable growth in the Canadian peanut market.
Future trends to watch for include possible shifts in demand due to health trends promoting nuts or changes in global trade policies impacting imports. Climate change may also influence local production and import dependencies.
