In 2023, Canada’s import volume for alcoholic beverages was 2.21 million metric tons. The forecasted data from 2024 to 2028 shows a steady increase in import volumes, ranging from 2.22 million metric tons in 2024 to 2.27 million metric tons in 2028. The year-on-year variation is relatively small, with increases of approximately 0.45% each year.
Future trends to watch for include:
• Changes in trade policies that may affect importation costs.
• Shifts in consumer preferences toward premium or locally-produced beverages.
• Potential impact of economic factors on disposable income and thereby on import volume.