The supply of fresh limes in Canada is expected to demonstrate a steady increase from 2024 through 2028. Actual supply in 2023 stood at 28.74 thousand metric tons. For 2024, the forecasted supply is 29.24 thousand metric tons, representing a 1.74% increase year-on-year. The same percentage rise is observed between 2025 and 2024, and this incremental pace continues consistently each year, reaching 31.24 thousand metric tons by 2028. Over the last two years, this reflects an average year-on-year growth of approximately 1.74%, with a compound annual growth rate (CAGR) of approximately 1.74% over the five-year forecast period.
Future trends to watch for:
- Any potential disruptions in the supply chain, possibly due to climate change or geopolitical issues.
- Fluctuations in demand driven by changes in consumer preferences or health trends.
- Shifts in trade policies that may affect import-export dynamics.
- Technological advancements in agriculture that could enhance lime production efficiency.
