The import of Rape or Colza Seed Oilcake and Other Solid Residues to Canada is projected to decrease from 2024 through 2028. This forecasted decline follows actual import volumes from 2023, which stood at approximately 5.8 million kilograms. Year-on-year, the imports are set to decrease: 8.4% from 2024 to 2025, 8.9% from 2025 to 2026, 9.6% from 2026 to 2027, and 10.4% from 2027 to 2028. Across this five-year period, the compound annual growth rate (CAGR) indicates an average annual decrease of about 8.5%.
Future trends to watch for include the potential impact of domestic production capacities on import needs and any shifts in demand for rape or colza seed oilcakes in Canada’s agricultural sector. Attention should also be directed towards trade policies affecting agricultural imports and competitive dynamics with alternative feed products.
