The forecast for the re-import of frozen beans to Canada shows a consistent decline from 2024 to 2028, starting at 15.11 thousand kilograms and decreasing to 3.53 thousand kilograms. This represents a negative compound annual growth rate (CAGR) over these five years, indicating a diminishing demand or a shift to alternative products or suppliers. In 2023, the actual import volume was larger, signaling a noticeable decreasing trend.
Factors to watch for in the future:
- Changes in domestic production and self-sufficiency in Canada
- Potential policy shifts impacting import tariffs and trade agreements
- Trends in consumer preferences and dietary changes
- Global supply chain adjustments and their effects on availability and cost
