The fresh strawberries export market in Canada has demonstrated significant fluctuations and overall growth over the past decade. From 2013 to 2023, the volume of exports surged from 260 metric tons to 4,390 metric tons, albeit with several notable dips and spikes. The year-on-year variation hit a high of 169.23% in 2017 and a low of -40% in 2016. However, the most recent 5-year CAGR stands at an impressive 27.95%. Noteworthy, in 2023 alone, the value slightly decreased by 0.68% compared to 2022.
The forecasted data from 2024 to 2028 suggests a steady upward trajectory. By 2028, the exports are projected to reach 8,760 metric tons, indicating a forecasted 5-year CAGR of 10.7% and an aggregate growth rate of 66.22% compared to 2023 values. These projections reflect a sustained demand and potential market expansion for Canadian fresh strawberry exports.
Future trends to watch for include the potential impact of climate change on strawberry yields, advancements in farming and harvesting technologies, shifts in global trade policies, and evolving consumer preferences towards organic and locally sourced produce. Monitoring these trends will be crucial for stakeholders aiming to capitalize on the growing export market for fresh strawberries.
