The forecast for Canada's imports of grated or powdered cheese shows a steady increase from 2024 to 2028, starting from 19.729 million USD in 2024 to 20.947 million USD in 2028. This represents a consistent year-on-year growth rate of approximately 1.6% to 1.7% throughout this period. No data for 2023 was provided, so the current standing in 2024 starts directly with the forecasted values. The compound annual growth rate (CAGR) over this five-year period is projected to be around 1.5%.

Future trends to watch for:

Potential impacts of global trade agreements or tariffs on imports.
Shifts in consumer preferences towards domestic products or alternative cheese options.
Changes in production capacities and technological advancements affecting cost and supply.