In 2023, Canada's demand for Mate and Tea stood at approximately 25,900 Metric Tons. Forecasted data from 2024 to 2028 indicates a slight, consistent annual decrease in demand, with a year-on-year decline of about 0.39%. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is -0.38%, reflecting a persistent but modest downtrend in volume.

Future trends to watch for include:

Potential consumer shifts towards herbal and specialty teas could offset the decline.
Growing health awareness may drive interest in organic and sustainable tea options.
Market dynamics, influenced by global trade policies or local climate changes, could impact supply and pricing.