In the forecasted period from 2024 to 2028, Canada's import of fresh or chilled bone-in swine hams, shoulders, and cuts is projected to increase steadily from $7.484 million to $7.8913 million. The year-on-year growth rates are consistent, showing a slight upward trend annually. Although the precise 2023 level is not provided, the continuous growth in subsequent years reflects a positive market outlook. The Compound Annual Growth Rate (CAGR) for this forecast period suggests a consistent annual growth momentum.
Future trends to watch for include:
- Impact of trade policies and tariffs on import volumes and values.
- Evolving consumer preferences for fresh, locally sourced products.
- Supply chain disruptions that could affect import dynamics.
- Potential economic fluctuations impacting purchasing power and import demand.
