As of 2023, Canada imported fresh plums worth 29.0 million USD. Forecasts indicate a gradual decline in import values, dropping from 28.911 million USD in 2024 to 27.296 million USD by 2028. This represents a year-on-year decrease, averaging a compounded annual growth rate (CAGR) of approximately -1.5% over the five-year forecast period.
Future trends to watch for include:
- Potential shifts in consumer preferences towards locally-sourced fruits, impacting imports.
- Economic factors such as currency fluctuations may influence import costs.
- Trade policies or agreements that could alter import regulations or tariffs.
- Climate change impact on global plum production, affecting supply.
