The forecast predicts an increase in Canada's lentil exports from 2024 to 2028, starting at 2.43 million metric tons and reaching 2.76 million metric tons. As of 2023, the figure stood at 2.35 million metric tons, based on historical data indicating moderate growth year-on-year. From 2024 to 2028, the compound annual growth rate (CAGR) is approximately 3.2%, indicating a steady increase in export volumes.
Future trends to watch for include:
- Potential impacts of climate change on crop yields.
- Shifts in global demand due to changes in dietary preferences.
- Trade policies affecting global export dynamics.
