Canada's poultry meat export volume in 2023 was approximately 144.4 thousand metric tons. Based on the forecast data for the years 2024 to 2028, there is a consistent decline in the export volume. The values step down from 142.99 thousand metric tons in 2024 to 137.61 thousand metric tons by 2028. This represents a year-on-year decrease of roughly 0.97% from 2024 to 2025, 0.95% from 2025 to 2026, 0.95% from 2026 to 2027, and 0.94% from 2027 to 2028. Over the five-year period (2024-2028), the compound annual growth rate (CAGR) is approximately -1.03%, indicating a sustained downward trend.
Future trends to watch for:
• Trade policy changes and international regulations impacting export capabilities and competitive positioning.
• Domestic poultry industry advancements and innovations.
• Fluctuations in global demand for poultry meat driven by economic conditions and consumer preferences.
• Impact of feed prices and other production costs on export volumes.
• Health and safety standards, along with disease outbreaks, which could affect production and export.
