Forecast: Dry Peas Production in Canada

The forecast for dry peas production in Canada from 2024 to 2028 shows a steady increase, starting from 4.0 million metric tons in 2024 and projected to reach 4.21 million metric tons by 2028. The year-on-year growth rate indicates a consistent upward trend with slight incremental increases, averaging approximately 1.02% annually. The compound annual growth rate (CAGR) over this five-year period reflects a gradual yet positive expansion of the production capacity, showcasing a modest but stable growth trajectory.

Future trends to watch for include:

  • Potential shifts in global demand influencing Canadian export markets.
  • Technological advancements in agricultural practices that could impact yield efficiency.
  • Environmental factors or policy changes affecting production or supply chain aspects.

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