The import of fresh apples to Canada is forecasted to increase steadily from 2024 to 2028. In 2023, the import value stood at a level slightly below the 2024 forecast of 224.92 million USD, reflecting a gradual upward trend. Year-on-year percentage increases from 2024 onward show minor increments, suggesting stable demand. Over the five-year forecasting period, the compound annual growth rate (CAGR) remains low, indicating a modest average annual increase.
Future trends to watch include:
- Changes in domestic apple production that could affect import needs.
- Shifts in consumer preferences towards local or imported apples.
- Impact of international trade agreements or tariffs on import costs.