Canada's pear imports are projected to decrease from 53.76 thousand metric tons in 2024 to 48.6 thousand metric tons by 2028. This represents a consistent year-on-year decline of around 2-3%, with a compound annual growth rate (CAGR) of approximately -2.43% over the five-year period. As of 2023, actual imports stood at 55.09 thousand metric tons, setting a baseline for these forecasts.
Future trends to watch for:
- Potential shifts in domestic pear production influencing import needs.
- Impact of trade agreements on import volumes.
- Consumer preference changes towards locally sourced or alternative fruits.
- Economic factors driving import costs and demand fluctuations.