In 2023, the import of lard, other pig fat, and poultry fat to Canada stood at an estimated volume of 7.5 million kilograms. The forecast from 2024 to 2028 indicates a gradual decline in imports, starting at 7.2 million kilograms in 2024 and decreasing to 6.3 million kilograms by 2028. This represents a year-on-year decline, with the compound annual growth rate (CAGR) over this period being negative.

Future trends to watch for:

Potential changes in domestic production capabilities could impact import demand.
Nutrition trends and health concerns may affect consumer demand for these fats.
Trade policies and tariffs could influence future import volumes and prices.