The import of fresh or chilled witloof chicory to Canada is projected to decline from $397.21 thousand USD in 2024 to $264.85 thousand USD in 2028. In 2023, the import value stood at approximately $430 thousand USD, indicating a steady downward trend. Between 2024 and 2025, there is an expected decrease of 8.58%. This decline persists with a year-on-year reduction averaging around 8.55%. Over the five-year period, the compound annual growth rate (CAGR) is approximately -7.96%, reflecting a consistent decrease in imports.
In the future, factors to watch include changes in Canadian domestic production capabilities, evolving consumer preferences towards witloof chicory, and trade policies that could impact import costs and availability. Additionally, broader economic conditions may influence import levels and market demand.