As of 2024, Canada’s fluid milk export is forecasted to stabilize, growing from 15.0 thousand metric tons in 2024 and 2025 to 16.0 thousand metric tons in the years 2026 to 2028. Compared to 2023, projections suggest minimal fluctuations, indicating a stable market. The Compounded Annual Growth Rate (CAGR) over these five years will reflect a modest upward trend, primarily driven by a 1.0 thousand metric tons increase between 2025 and 2026.
Future trends to watch for:
- Potential trade policy shifts impacting export volumes.
- Technological advancements in dairy production and storage.
- Changes in global market demand for Canadian dairy products.
