The import of roasted decaffeinated coffee to Canada exhibited a steady increase across the forecasted years from 2024 to 2028. In 2023, the actual import value stood at 41.5 million USD. The year-on-year growth indicates a consistent upward trend, with projected increases of around 2.28% in 2025, 2.19% in 2026, 2.10% in 2027, and 2.02% in 2028. Over this five-year span, the CAGR is anticipated to be approximately 1.98%, pointing to a stable and gradual rise in importation.
Future trends to watch for include:
- Fluctuations in global coffee supply chains potentially affecting both pricing and import volumes.
- Changing consumer preferences towards healthier beverage options, which may boost demand for decaffeinated products.
- The impact of economic conditions and trade policies on import dynamics.
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