The Canadian soybean export market is projected to demonstrate a steady growth trajectory from 2024 to 2028. Forecasts indicate a gradual increase from 4.54 million metric tons in 2024 to 4.76 million metric tons in 2028. When comparing year-on-year changes, the expected growth is relatively modest, reflecting a consistent but slow upward pattern in exports.
Future trends to watch for include global market demand shifts, trade policy changes, and developments in agricultural technology that could enhance yield and productivity. These factors could potentially accelerate growth or introduce volatility in Canada’s soybean exports.
