In 2023, the import of edible fruit or nut trees, shrubs, and bushes to Canada was at a specific amount based on historical data. With the forecasted data starting from 2024, we observe a continuous year-on-year increase in value: 2.03% in 2025, 1.96% in 2026, 1.88% in 2027, and 1.81% in 2028. The compound annual growth rate (CAGR) over this five-year period is expected to average around 1.92%, indicating moderate, steady growth.
Future trends to watch for include:
- Potential impacts from climate change on global fruit and nut tree production.
- Changes in trade policies that could affect import costs and supply chains.
- Increasing consumer demand for diverse and exotic fruit varieties.
- Technological advancements in agronomy and logistics that may affect the market dynamics.
