The forecasted chickpeas production in Canada shows a declining trend from 2024 to 2028. Production is expected to decrease from 134.89 thousand metric tons in 2024 to 130.59 thousand metric tons in 2028. This represents a year-on-year decline of approximately 0.8% to 0.9%. The compounded annual growth rate (CAGR) over the 2024-2028 period signals a consistent decrease averaging around 0.9% annually. For context, in 2023, production stood at approximately 135.7 thousand metric tons, highlighting the ongoing downward trend.
Future trends to watch include potential impacts of climate change on crop yield, shifts in global chickpeas demand, and changes in agricultural policies in Canada that could affect production incentives. Monitoring these factors will be crucial for understanding future production capabilities and market positioning. Additionally, technological advancements in agriculture might help mitigate some of the downward pressures on production volumes.
