Forecast: Fresh Pears Export in Canada

Fresh pears export in Canada has shown significant fluctuations between 2013 and 2023. Starting at 40 metric tons in 2013, exports peaked at 430 metric tons in 2019, followed by a sharp decline to 160 metric tons in 2020. Recent years have seen variable performance with 2023 exports standing at 90 metric tons, a 12.5% increase from 2022. The Compound Annual Growth Rate (CAGR) over the last five years is -11.94%, indicating a general downward trend despite occasional growth spurts.

Year-on-year variations have been pronounced:

  • 2014: 200%
  • 2015: 58.33%
  • 2016: 42.11%
  • 2017: -37.04%
  • 2018: 0%
  • 2019: 152.94%
  • 2020: -62.79%
  • 2021: 93.75%
  • 2022: -74.19%
  • 2023: 12.5%

Forecast data from 2024 to 2028 indicate a continuing decline, with a projected CAGR of -8.97%, reaching 50 metric tons in 2028, representing a forecasted 37.5% decrease over five years.

Future trends to watch for include:

  • Potential market stabilization at lower export volumes.
  • Influence of global economic conditions and trade policies on export volumes.
  • Possible innovations in agricultural practices aimed at boosting yield and quality, which could impact export levels positively.

Top Countries about Fruits