The forecasted data indicates a gradual increase in the import of salted, dried, or smoked swine hams and shoulders to Canada from 2024 to 2028. This trajectory reflects an increasingly robust demand, with year-on-year percentage increases steadily rising. In approximation, these increments suggest an average compound annual growth rate (CAGR) of roughly 2.56% over the five-year period. As for 2023, it stands as the baseline year, before the forecast period.
Future trends to monitor include:
- Potential impacts of trade policies and tariffs on import volumes.
- Shifts in consumer preferences towards or away from pork products.
- The effect of international supply chain dynamics on import capabilities.
- Health and environmental concerns influencing meat consumption.
