Forecast: Maize Import Volume in Canada

In 2023, Canada's maize import volume stood at 2.2 million metric tons. The forecasted increase in Canada's maize imports from 2024 to 2028 shows a consistent annual growth of approximately 2.6%. This pattern highlights a steady upward trend, likely driven by rising domestic demand and potential shifts in agricultural policy. Over the five-year forecast period, the compound annual growth rate (CAGR) is projected to be around 2.6%.

Future trends to watch for include:

  • Potential changes in global maize supply and its impact on prices.
  • Shifts in Canadian agricultural policies affecting maize production and importation.
  • Impact of climate change on both domestic production and global maize market dynamics.

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