In 2023, Canada's pulses import volume stood at 242.0 thousand metric tons. The forecast from 2024 to 2028 shows a consistent increase, with volumes expected to rise progressively from 246.0 to 262.0 thousand metric tons. Year-on-year variations indicate a stable growth of approximately 1.63% during this period. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is approximately 1.61%, highlighting a steady upward trend.
Future trends to watch for:
- Potential changes in consumer dietary preferences towards pulses due to health and sustainability concerns.
- The impact of climate change on domestic pulse production, potentially affecting import demands.
- Trade policy adjustments that could influence import volumes and costs.