In 2023, the import of margarine to Canada stood at an estimated 1.3 million kilograms. The forecast data indicates a gradual annual decrease in volume from 2024 to 2028. Specifically, the import volume is expected to decline each year, with an average compound annual growth rate (CAGR) of -3.3% over the five-year period. This trend suggests a consistent reduction in imports, likely influenced by changing consumer preferences, increased health consciousness, or competitive local production.

Future trends to watch for:

Shifts in consumer dietary trends towards healthier or alternative fat sources.
Policy changes affecting import tariffs or regulations could impact future import volumes.
Advances in local margarine production that might reduce dependency on imports.