The forecasted re-import of wheat and meslin to Canada shows a slight decline over the five-year period from 2024 to 2028, with values decreasing incrementally each year. In 2023, the re-import value stood slightly above 254.47 thousand USD, setting the baseline for future forecasts. From 2024 onwards, the reduction in re-import values is very marginal, roughly maintaining stability over the years.
The year-on-year variation from 2024 to 2025 is about -0.004%, with a consistent trend observed through to 2028, reflecting a compound annual growth rate that is nearly negligible over the five-year period, indicating steady but low-level decline.
Future trends to watch include the impact of global supply and demand fluctuations, potential shifts in Canadian agricultural policies, and evolving trade relationships that could influence re-import requirements. Attention should also be given to currency exchange rates and environmental factors affecting domestic wheat production.
