The supply of fresh watermelons in Canada is projected to increase from 268.92 thousand metric tons in 2024 to 284.4 thousand metric tons in 2028. This represents a steady annual increase, with year-on-year growth rates as follows: 2025 sees a 1.45% increase, 2026 a 1.42% rise, 2027 a 1.39% increment, and 2028 a 1.37% hike. From 2024 to 2028, the compound annual growth rate (CAGR) is approximately 1.42% per year.
Future trends to watch for include:
- Potential impacts of climate change on agricultural yields, possibly affecting supply levels.
- Changes in consumer preferences that might alter demand dynamics.
- Trade policies and import agreements that could influence import levels affecting domestic supply.