The forecasted import values of cane or beet sugar and chemically pure sucrose to Canada show a consistent decline from 2024 to 2028, starting at $401.84 million and decreasing to $389.97 million. The year-on-year reduction reflects a steady decrease in import value. The compound annual growth rate (CAGR) from 2024 to 2028 depicts a modest downward trend within this period.

Future trends to watch for:

Drastic changes in global sugar production and market prices.
Potential shifts in trade policies and tariffs impacting import costs.
Consumer demand fluctuations influenced by health trends away from sugar.
Technological advancements such as alternative sweeteners could impact import volumes.