The millet import volume in Canada is projected to increase from 14.0 thousand metric tons in 2024 to 15.0 thousand metric tons by 2025 and will stabilize at 15.0 thousand metric tons through to 2028. In 2023, the volume was below 14.0 thousand metric tons, indicating a positive year-on-year growth rate for 2024. The compound annual growth rate (CAGR) over these five years demonstrates a gradual increase in millet import volume.
Future trends to watch for:
- Consumer demand shifts towards healthier and gluten-free grains.
- Changes in domestic agricultural policies that could impact import requirements.
- Fluctuations in international market prices and supply chain dynamics.
- Environmental factors affecting both domestic production and international supply lines.
