In 2023, the re-import volume of animal feed preparations to Canada was 78.6 thousand kilograms. Forecasts from 2024 to 2028 predict a steady increase, rising from 78.6 to 81.6 thousand kilograms, indicating a modest growth pattern.
- Year-on-Year Variation: The annual growth rate over the forecast period is projected to be around 1%.
- Compound Annual Growth Rate (CAGR): From 2024 to 2028, the CAGR is approximately 0.95%, reflecting consistent but slow growth.
Future trends to watch include the impact of evolving agricultural practices, shifts in trade policies, and advancements in feed efficiency that could influence import volumes and demand dynamics.
