The forecast for the imported light beer sales in Canada shows a decreasing trend from 2024 onwards, starting at 5.63 million liters and declining to 4.84 million liters by 2028. This reflects a continuous year-on-year decline averaging 3.5% over this period. Compared to the 2023 sales level, which stood at 5.83 million liters, the trend indicates a shift in consumer preferences or market dynamics. The compound annual growth rate (CAGR) for this period highlights an average decrease of around 3.56% annually.
Future trends to watch include shifts in consumer health consciousness impacting light beer demand, potential impacts of economic conditions on discretionary spending, and market competition from local craft and non-alcoholic options. Monitoring these variables will be crucial to understanding import dynamics in the coming years.
