Forecast: Import of Prepared or Preserved Turkey Meat and Offal to Canada

The forecast for the import of prepared or preserved turkey meat and offal to Canada from 2024 to 2028 shows a steady decline, with values dropping from $11.618 million in 2024 to $11.168 million in 2028. Assuming the baseline value in 2023 was higher than these projections, the data suggests a consistent negative trend. The year-on-year variation reflects a slight decrease, and the compound annual growth rate (CAGR) over the next five years implies a gradual reduction in imports.

Future trends to watch for:

  • Shifting consumer preferences towards alternative protein sources or plant-based diets.
  • Trade policy changes that might impact import tariffs and prices.
  • Potential shifts in domestic turkey production affecting import needs.
  • Economic factors influencing disposable income and consequently impacting consumption patterns.

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