Between 2013 and 2023, Canada's yogurt export experienced a volatile journey with noticeable fluctuations. Starting in 2013 with 5.86 thousand kiloliters, the export value rose to 13.59 thousand kiloliters in 2023. This reflects the impact of significant growth, especially between 2017 and 2019, followed by fluctuations and variations, peaking in 2019 at 15.13 thousand kiloliters. The year-on-year variation for 2023 was a modest 1.42%, and the last recorded CAGR over five years was 8.02%.
Looking ahead to 2028, the projected forecast suggests more stable, moderate growth with a five-year CAGR of 1.82%, achieving an approximate 15.23 thousand kiloliters. A major trend to watch includes potential shifts in international trade policies and consumer preferences that may impact global yogurt demand. Additionally, evolving health trends emphasizing probiotics and natural ingredients could further influence the export trajectory.
