In 2023, Canada's fresh and processed white potatoes imports stood at 555.37 thousand metric tons. From 2024 to 2028, there's a steady forecasted growth in imports, moving from 561.46 to 579.42 thousand metric tons, displaying a consistent year-on-year increase. The year-on-year growth rates from 2024 to 2027 are approximately 0.8%, 0.8%, and 0.8%, respectively. Over the five-year forecast period, the compound annual growth rate (CAGR) is expected to average around 0.8%.
Future trends to watch for:
- Consumer demand shifts toward processed potato products.
- Potential agricultural policy changes impacting import levels.
- Innovations and technological advancements in potato storage and processing.
- Climate change effects on local potato production and subsequent import needs.
