In 2023, the import value of dried shelled kidney beans and white pea beans to Canada stood at X million US dollars. The forecast from 2024 to 2028 anticipates a steady increase, with values rising from 48.787 million in 2024 to 54.194 million by 2028. The expected year-on-year growth rates exhibit an average increase of around 2% each year. The compound annual growth rate (CAGR) from 2024 to 2028 is estimated at 2.11%.
Future trends to watch include:
- Potential impacts of trade agreements and tariffs on import prices.
- Shifts in consumer dietary preferences towards plant-based proteins.
- Climate change and its effects on bean yields and availability.