The forecast indicates a steady increase in the re-import of frozen swine cuts to Canada, from $326,990 in 2024 to $341,570 by 2028. In 2023, actual figures stood significantly lower, highlighting this anticipated growth trajectory. The year-on-year percentage increase over this period averages around 1.39%, signaling consistent growth. The Compound Annual Growth Rate (CAGR) over these five years is approximately 1.4%, showcasing a gradual upward trend.
Future trends to watch for include:
- Geopolitical factors affecting trade policies.
- Shifts in consumer preferences towards alternative protein sources.
- Potential fluctuations in global pork supply and demand dynamics.
