The import of flour or meal of oil seed and fruit to Canada shows a forecasted decreasing trend from 2024 to 2028, with values declining from $2.2654 million in 2024 to $2.2103 million in 2028. Compared to the value in 2023, which we acknowledge was stable, there is a noticeable year-on-year reduction. The Compound Annual Growth Rate (CAGR) over this period is negative, indicating a consistent downward trend.
Future trends to watch for include potential shifts in global oil seed markets, changes in Canadian dietary habits, plant-based food trends, or trade policies that might impact import volumes or preferences. Additionally, alternative protein sources could influence demand.
