The forecasted supply of canned beans, both green and wax, in Canada from 2024 to 2028 shows a gradual annual decline, starting with 7.07 thousand metric tons in 2024 and decreasing to 7.00 thousand metric tons by 2028. This suggests a slow but steady reduction in the supply. As of 2023, the figures indicated the beginning of this downward trend, highlighting a long-term shift.

Year-on-year analysis reveals a consistent decrease of about 0.28% each year from 2024 onwards. Over the last five years, the compound annual growth rate (CAGR) demonstrates a negative trend emphasizing an average yearly decline of 0.28%.

Future Trends to Watch:

Potential shifts in consumer preferences towards fresh or alternative protein sources.
Potential impacts of climate change on agricultural productivity affecting canned bean supplies.
Trade policy fluctuations and their effect on import-export dynamics.
Technological advancements in food preservation and the resulting effect on canned bean demand.