Forecast: Re-Import of Tea and Mate Extracts, Essences and Concentrates to Canada

The re-import of tea and mate extracts, essences, and concentrates to Canada is forecasted to grow steadily from 2024 to 2028. Starting at 87.6 thousand kilograms in 2024, the volume is expected to increase each year, reaching 99.35 thousand kilograms by 2028. Assuming an actual 2023 value is required for context but omitted, one can infer a consistent positive growth trajectory.

The year-on-year percentage increases between the forecasted years show a stable upward trend, highlighting a healthy demand for these products. An average compound annual growth rate (CAGR) over this period further emphasizes sustained market expansion.

Future trends to watch for include:

  • Emerging consumer preferences for tea and health-oriented beverages may continue to drive demand.
  • Potential impacts of international trade policies on the tea industry.
  • Innovations in tea processing and variety developments that could influence re-import volumes.

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