In 2023, Canada's shelled almonds import stood at a level not explicitly provided in the dataset; however, the forecast from 2024 to 2028 indicates a consistent downward trend. The import volume is expected to decrease from 25.03 thousand metric tons in 2024 to 20.01 thousand metric tons by 2028. Year-on-year, there's a gradual decrease of approximately 5% annually, reflecting changing market dynamics or consumer preferences. The five-year CAGR reveals a steady decline of about 5.5%.
Future trends to watch for include shifts in consumer demand for plant-based protein alternatives, potential trade policy changes impacting import tariffs, and climatic conditions affecting global almond production, which could influence supply and pricing dynamics.
