Forecast: Grapes Yield in Canada

Canada's grape yield in 2023 stood at 107.0 thousand hectograms per hectare. Forecasts for 2024-2028 indicate a steady increase, reaching 115.1 thousand hectograms per hectare by 2028. The year-on-year percentage variation reflects modest growth, averaging around 1.5% annually over the forecast period. Specifically, the forecasts show a 1.54% increase from 2024 to 2025, followed by 1.49% from 2025 to 2026, 1.43% from 2026 to 2027, and 1.39% from 2027 to 2028. The compound annual growth rate (CAGR) over the next five years is approximately 1.47%.

Future trends to watch for include advancements in agricultural technology, climate change impacts, and market demand fluctuations, which could further influence the yield positively or negatively. Additionally, monitoring government policies and their impact on grape production can provide insights into future yield trends.

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