In 2023, the import of fresh or chilled poultry cuts and offal to Canada stood at $181.5 million USD. Forecasts for the coming years show a declining trend, with values dropping from $177.7 million USD in 2024 to $162.89 million USD in 2028. This suggests a year-on-year decrease of approximately 2-3% annually. The compound annual growth rate (CAGR) indicates an average annual decline over the five-year period.
Future trends to watch for:
- Shifts in consumer preferences toward plant-based proteins could further reduce demand.
- Trade agreements and tariffs may impact import costs and volumes.
- Inflation and currency fluctuations could alter import values.