The forecast for Canada's import of not roasted and not decaffeinated coffee shows a steady increase from 2024 to 2028. The import value is expected to grow from 671.14 million USD in 2024 to 708.71 million USD in 2028. This reflects a positive year-on-year growth trend averaging around 1.4% per year from 2024 onwards. In 2023, the import value stood slightly below the forecast for 2024, indicating a continued upward trajectory.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainable and ethically sourced coffee, which may impact import patterns.
- Global supply chain disruptions due to climate change, which could affect availability and pricing.
- Technological advancements in coffee cultivation and processing that might influence demand dynamics.
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