The forecast for the re-import of wheat and meslin to Canada shows a steady increase from 2024 to 2028, beginning at $263.1 thousand in 2024 and reaching $269.1 thousand by 2028. This represents a gradual increase of approximately 0.58% year-on-year. In 2023, re-import values stood at $261.7 thousand, indicating a continued growth trend. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be about 0.76%.
Future trends to watch for include potential shifts in global wheat supply and demand dynamics, trade policies impacting imports, and fluctuations in currency exchange rates, which could affect re-import costs and levels.
