The import of edible fruit or nut tree, shrubs, and bushes to Canada is forecasted to decline slightly from 2024 to 2028, starting at 7.8527 million and dropping steadily to 7.6979 million. This represents a yearly average percentage decrease and highlights a downward trend. In 2023, the import value stood at a certain benchmark, which shows a consistent decline in projected figures for upcoming years. The compound annual growth rate (CAGR) analysis over the five-year period indicates an average annual decrease, reflecting challenges in the import market.
Future trends to watch for include shifts in consumer preferences towards locally sourced products, which may further impact import levels. Additionally, global supply chain dynamics and trade agreements continue to play a critical role in shaping these forecasts.
