Whisky sales in Canada stood at 50.36 million liters in 2023. The year-on-year variation for 2023 was 1.22%, marking a consistent growth trend with an average annual CAGR of 1.68% over the past five years. This is a continuation of a steady upward trend observed since 2013, with minor fluctuations such as a -0.89% drop in 2018. Forecasted data suggests that whisky sales are expected to reach 53.3 million liters by 2028, reflecting a forecasted 5-year CAGR of 0.9%.
Future trends to watch for:
- Emerging premium and craft whisky segments.
- Health-conscious consumer shifts potentially impacting consumption patterns.
- Evolving government regulations on alcohol distribution and sales.
