In 2023, Canada's tea supply was 48.0 thousand metric tons. The forecasted data from 2024 to 2028 shows gradual growth, with the value increasing from 48.26 to 49.66 thousand metric tons. The annual growth rates vary slightly, with an expected constant growth rate (CAGR) of approximately 0.7% over these years. This trend indicates a stable and mildly increasing demand for tea in Canada.
Future trends to watch include:
- Potential impact of climate change on tea production in supplier countries.
- The growth of the specialty tea market segment driven by consumer preferences for unique flavors.
- Shifts toward sustainable and ethically-sourced tea affecting supply chain dynamics.
