In 2023, the re-import of fresh grapes to Canada stood at $328.00 thousand US dollars. From 2024 to 2028, the forecasted value displays a steady increase from $344.56 to $418.43 thousand US dollars, showing a consistent upward trend. The year-on-year growth rate ranges from approximately 5.5% to 4.5%, reflecting a slight deceleration in growth. The compound annual growth rate (CAGR) over these five years is expected to be around 5.8%, indicating sustained demand and market expansion.
Future trends to watch for include changes in grape production in domestic and international markets, fluctuations in consumer demand, and potential trade policy shifts affecting import dynamics. Additionally, climate change impacts on grape-growing regions could further influence re-import volumes and pricing.
