The forecast for fresh coconut supply in Canada from 2024 to 2028 shows a steady increase. Beginning with 17.71 thousand metric tons in 2024, the supply is predicted to grow to 19.1 thousand metric tons by 2028. In 2023, the supply was recorded at 17.36 thousand metric tons, establishing a reference point for these figures.
Year-on-year growth is projected to remain consistent, reflecting a gradual increase in fresh coconut availability. The compound annual growth rate (CAGR) over the five-year forecast period indicates an average yearly increase of approximately 1.9%.
Future trends to watch for include potential shifts in trade policies affecting coconut imports, technology advancements in coconut preservation, and growing consumer demand for coconut-based products, which might influence supply dynamics in the Canadian market.
