In 2023, the re-import of cranberries, bilberries, and similar fruits to Canada was valued at approximately $1.416 million USD. From 2024 to 2028, the forecast suggests a steady increase in value, with year-on-year growth rates hovering around 0.7%. The compound annual growth rate (CAGR) from 2024 to 2028 is expected to be around 0.7% per year.
Future trends to watch for include:
- Fluctuations in global demand and supply chains impacting fruit prices.
- Changes in Canadian agricultural policies affecting imports.
- Global climate patterns influencing crop yields in exporting countries.
