The forecast for Canada's rapeseed supply from 2024 to 2028 shows a steady increase, rising from 19.6 to 20.07 million metric tons. This represents a gradual upward trend over these five years, with the year-on-year growth rate being consistently modest. In 2023, the actual supply was slightly lower than the forecasted 2024 figure. This forecast suggests a consolidated growth pattern with an average annual increase (CAGR) anticipated over the period.
Future trends to watch include:
- Impact of climate change on production yields.
- Global demand shifts in the oilseeds market.
- Government policies on agriculture and trade that could affect supply.
