The Canadian gerberas production is projected to decline gradually from 2024 through 2028. Starting at 70.606 million in 2024, production is expected to decrease yearly by approximately 1-2%, reaching 66.274 million by 2028. In 2023, production figures stood at the value from which these forecasts begin, marking all subsequent data as forecasted. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 indicates a consistent downward trend in production levels.
Future trends to watch for include potential shifts in consumer preferences towards diverse flower varieties, which could further impact demand for gerberas. Additionally, climate changes and advancements in agricultural technologies may alter production dynamics significantly.
