In 2023, Canada imported 21.90 thousand metric tons of mate and tea. Forecasts indicate a decline in import volumes from 2024 through 2028, with an estimated decrease of 2.4% year-over-year from 2023 to 2024 and an average annual contraction of 2.44% CAGR over the five-year forecast period. The consistent downward trend suggests changing consumer preferences or increased domestic production.
Future trends to watch for include:
- Shifts in consumer taste toward alternative beverages or local tea varieties.
- Potential impacts of trade policies or agreements.
- The influence of health trends on tea consumption patterns.
- Environmental factors affecting tea and mate production globally.
