The supply of canned pears in Canada is forecasted starting at 5.99 thousand metric tons in 2024, slightly declining year-over-year to 5.83 thousand metric tons by 2028. From 2023 to 2024, there is no indication of actual variation, suggesting a stable but slight downward trend is anticipated in the coming years.
Key points from the forecast include:
- From 2024 to 2025, the supply decreases by approximately 0.83%.
- From 2025 to 2026, a decline of roughly 0.67% is observed.
- From 2026 to 2027, a drop of about 0.68% is noted.
- From 2027 to 2028, the supply contracts by 0.51%.
- The 5-year compound annual growth rate (CAGR) showcases a decreasing trend in supply, indicating a need for adaptation by producers and retailers.
Future trends to watch for:
- The impact of climate change and agricultural practices on pear yields may influence supply stability.
- Consumer preferences shifting towards fresh or alternative fruit options could affect demand for canned pears.
- Trade policies and tariff changes might alter the dynamics of canned fruit imports, affecting supply.
