The import of fowl cuts and offal to Canada is projected to steadily increase from $102.21 million in 2024 to $108.08 million by 2028. This forecast suggests a consistent annual growth trajectory. In 2023, the imports stood at a slightly lower level, indicating a positive trend in the increasing demand for fowl products. The year-on-year growth from 2024 to 2025 is approximately 1.49%, and this trend continues with around 1.42% from 2025 to 2026. From 2026 to 2027, the growth is about 1.38%, and 1.33% from 2027 to 2028. The compound annual growth rate over this five-year period is approximately 1.42%.
Future trends to watch for include potential impacts from trade policies and agreements affecting Canada's import market, consumer preferences towards local versus imported poultry products, and changes in global poultry supply chains. Additionally, any economic fluctuations could influence import values, along with environmental factors impacting production in exporting countries.
