The forecast for Canada's egg imports shows a consistent upward trend from 2024 to 2028. In 2023, the import stood at a significantly lower point, and the data from 2024 onwards depicts a steady increase in volume.
Year-on-year percentage increases indicate modest growth, with growth rates progressively enhancing each year. Over the five-year period, the compound annual growth rate (CAGR) highlights a gradual but steady upward trajectory, suggesting robust demand and possible growth in imported egg consumption.
Looking to the future, several trends may impact these forecasts:
- Fluctuations in domestic egg production may affect import demands.
- Trade policies and international relations could alter import costs and volumes.
- Consumers' shifting preferences towards organic or specialty eggs could lead to diversification in import sources.