The forecast for veal imports in Canada shows a steady increase from 2024 to 2028, with volumes growing from 3.7 to 3.8 thousand metric tons. This gradual rise suggests a stabilizing demand for veal, with a consistent year-on-year growth rate hovering around 0.67% to 0.54% towards the later years. The compound annual growth rate (CAGR) over this forecast period is approximately 0.54%.
Future trends to watch for in Canada's veal import market include:
- Potential changes in consumer preferences towards alternative proteins.
- Variation in domestic veal production affecting import reliance.
- Trade policy shifts impacting import regulations and tariffs.
