The forecast for fresh pear imports to Canada from 2024 to 2028 shows a steady decline. Starting at 56.45 thousand metric tons in 2024 and decreasing each year, the volume is expected to reach 52.33 thousand metric tons by 2028. Compared to the actual figures of 2023, where the import volume stood at approximately 57 thousand metric tons, this represents a gradual yearly decrease. The compound annual growth rate (CAGR) over the forecasted period implies an average yearly reduction, reflecting changes potentially influenced by shifting consumer preferences or competitive domestic production.
Future trends to monitor include:
- Influence of Canadian agricultural policies and incentives on local pear production.
- Exchange rate fluctuations, which can impact import costs and decisions.
- Broader shifts in consumer behaviors towards indigenous or sustainable produce.
- Innovation in prolonging the shelf-life of pears could affect demand dynamics and supply chain strategies.