The import forecast for fresh or chilled swine cuts to Canada from 2024 to 2028 indicates a gradual increase in volume. In 2023, the imports stood at a lower level than forecasted for 2024, suggesting a consistent upward trend in subsequent years. The year-on-year variation ranges from approximately 1.15% to 1.17%, reflecting stable growth. The compound annual growth rate (CAGR) over the five-year forecast period projects modest, yet steady expansion, showing the sector's resilience and demand solidity.
Future trends to watch for include potential impacts from trade agreements, global supply chain fluctuations, and changes in consumer preferences towards alternative protein sources. These factors could influence import patterns and demand sustainability in Canada's swine cuts market.
