As of 2023, actual imports of fresh or chilled bone-in sheep cuts to Canada stood at a baseline from which the following forecast projections were made for 2024-2028. The value of these imports is projected to grow steadily from 49.458 million USD in 2024 to 52.39 million USD in 2028. This represents a year-on-year increase ranging between 1.53% and 1.59% annually, highlighting consistent growth in demand over the period. The compound annual growth rate (CAGR) for the period 2024-2028 is approximately 1.65%, indicating steady, moderate growth year over year.

Future trends to watch for include:

Potential shifts in consumer preferences towards alternative protein sources that may impact demand.
Trade agreements or import restrictions that could affect supply chains.
Economic factors like currency fluctuations impacting import values.
Technological advancements in agriculture that could alter supply dynamics.