In 2023, Canada's tea export volume was 2.05 thousand metric tons. Looking at the forecast data, the volume is expected to grow steadily from 2.07 in 2024 to 2.16 thousand metric tons by 2028. The year-on-year increase varies between 0.94% to 1.47%, indicating a consistent upward trend. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is approximately 1.06%, highlighting moderate growth in Canada's tea export market.
Future trends to watch for:
- Potential shifts in global tea demand due to health trends.
- Canada's trade agreements impacting export volumes.
- Changes in weather patterns affecting tea production.
