The forecast indicates a steady increase in the importation of frozen Brussels sprouts in Canada from 2024 to 2028. Starting at 2.43 thousand metric tons in 2024, imports are projected to rise incrementally to 2.55 thousand metric tons by 2028.
Key points about the forecast:
- The projected year-on-year growth rate for each upcoming year is approximately 1.23%.
- The compound annual growth rate (CAGR) from 2024 to 2028 is expected to be about 1.23%.
In 2023, actual import data stood at an estimated 2.4 thousand metric tons. This analysis anticipates a stable growth trend in the Canadian market's demand for frozen Brussels sprouts.
Future trends to watch for include changes in consumer preferences influencing demand, potential shifts in trade regulations impacting import opportunities, and the effects of climate change on production techniques that could alter supply capabilities and costs.
