Forecast: Import of Meat of Domestic Poultry to Canada

The forecasted import of meat of domestic poultry to Canada shows a gradual decline from 2024 to 2028, starting at $294.47 million in 2024 and decreasing to $283.27 million by 2028. As a comparison, in 2023, the actual import value was slightly higher. Over the forecast period, the year-on-year variation shows a consistent decline, with a negligible Compound Annual Growth Rate, indicating a stable but declining trend in import values.

Future trends to watch for include:

  • Impact of Canada's agricultural policies aimed at boosting domestic production.
  • Changes in consumer preferences towards locally sourced poultry meat.
  • Global economic conditions affecting the meat trade and potential shifts in import sourcing strategies.
  • Developments in trade agreements and tariffs that could influence import costs.

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