The forecasted data for poultry meat import volume in Canada from 2024 to 2028 shows a consistent downward trend. Beginning at 164.41 thousand metric tons in 2024, the volume is projected to decrease to 154.17 thousand metric tons by 2028. This indicates a gradual year-on-year decline.
The year-on-year variations show the following declines:
- From 2024 to 2025: -1.6%
- From 2025 to 2026: -1.6%
- From 2026 to 2027: -1.6%
- From 2027 to 2028: -1.6%
The Compound Annual Growth Rate (CAGR) for this period, from 2024 to 2028, reflects a steady average annual decrease of 1.6%.
Future trends to watch for include potential policy changes regarding imports, shifts in domestic poultry production, and consumer demand fluctuations influenced by dietary trends and potential health concerns. Additionally, monitoring global trade dynamics and supply chain disruptions will be crucial for understanding future import volumes.