Forecast: Import of Bovine, Sheep and Goat Fats to Canada

The import of bovine, sheep, and goat fats to Canada shows a steady year-on-year growth from 2024 to 2028, with projected volumes increasing from 35.068 million kilograms in 2024 to 36.825 million kilograms in 2028. This trend signifies an average annual compound growth rate (CAGR) of approximately 1.22% over the five-year forecasted period, up from an estimated 34.630 million kilograms in 2023.

Future trends to watch for include:

  • Shifts in domestic production and consumer demand that may influence import needs.
  • Trade policy changes impacting international supply chain dynamics.
  • Potential impacts of alternative fats and oils markets on import volumes.

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