In 2023, Canada's export of frozen potatoes was estimated at approximately 1.34 million metric tons. The forecast from 2024 to 2028 predicts a slight annual increase in exports, reaching 1.38 million metric tons by 2028. The year-on-year percentage variability is quite minimal, reflecting stability in the market, with a Compound Annual Growth Rate (CAGR) of approximately 0.73% over the 5-year forecast period.
Future trends to watch for:
- Emerging markets in Asia and Africa could drive demand.
- Potential impact of trade policies and climate change on export volumes.
- Technological innovations in food preservation may affect the industry.