The forecast for Canada's chicken exports from 2024 to 2028 shows a continuous decline, starting at 114.75 thousand metric tons in 2024 and falling to 99.71 thousand metric tons by 2028. Compared to 2023, chicken exports appear to be decreasing year over year, with an observed average drop of about -3.5% per year over this period. This indicates a compound annual growth rate (CAGR) of around -3.5% in exports over five years. Such a trend suggests potential challenges in maintaining or expanding Canada's market share in global chicken export markets.
Future trends to watch for include shifts in global demand for chicken, trade policy changes, and potential impacts of climate change on agricultural production in Canada. Investments in sustainable farming practices and innovation in chicken production can also influence future export capacity and competitiveness.