Forecast: Sloes and Plums Production in Canada

From 2023 to 2024, sloes and plums production in Canada is forecasted to begin at 3.8 thousand metric tons. The forecast shows a steady annual increase, with slight growth ranging from 0.53% to 0.55% each year, reaching 3.88 thousand metric tons by 2028.

Key points in trend analysis:

  • Stable year-on-year growth from 2024 to 2028.
  • Compound Annual Growth Rate (CAGR) reflects minimal but consistent increase over the forecasted period.

Future trends to watch:

  • The impact of climate change on fruit yield and quality.
  • Potential shifts in domestic and international demand influencing market dynamics.
  • Technological advancements in agriculture possibly boosting productivity.

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