In 2023, Canada exported 85.92 thousand kiloliters of ciders, coolers, and other refreshment beverages. Forecasts indicate a consistent upward trend with exports expected to increase annually, reaching 95.82, 107.16, 118.45, 129.68, and 140.86 thousand kiloliters from 2024 to 2028 respectively. The year-on-year growth rate ranges between approximately 11% and 10%, indicating a stable expansion. The compound annual growth rate (CAGR) over the five-year period is projected to be around 10.2%, reflecting robust demand for Canadian beverages abroad.
Future trends to watch include shifts in consumer preferences towards healthier and more artisanal beverage options, potentially influencing product diversification. Moreover, global economic conditions and trade policies may impact export potential in emerging markets.
