Vodka sales in Canada have shown a steady upward trend from 2013 to 2023, with a minor dip in 2022 before rebounding in 2023. Sales volumes increased from 43.71 million liters in 2013 to 52.72 million liters in 2023. Year-on-year growth varied, with notable peaks in 2020 and 2021, largely due to pandemic-induced changes in consumer behavior. The compound annual growth rate (CAGR) over the last five years stood at a healthy 2.59% by 2023.
Forecasts suggest that vodka sales will continue to rise, reaching 57.96 million liters by 2028. The anticipated five-year CAGR is 1.5%, indicating a moderate but steady growth trajectory. Future trends to watch for include potential shifts in consumer preference towards premium and flavored vodka offerings, increased competition from other spirits, and the impact of health-conscious consumption patterns.