The re-import of coffee to Canada is projected to increase from $1.822 million in 2024 to $1.9417 million by 2028. This steady growth reflects a compound annual growth rate (CAGR) over this period. The actual data from 2023 serves as a baseline, though specific figures for that year are unavailable in this set. Between 2024 and 2028, the year-on-year percentage increase ranges from about 1.6% to 1.9%, indicating a modest but consistent upward trend. Market stakeholders should consider:
- Fluctuations in global coffee prices affecting the cost dynamics of re-import.
- Shifts in Canadian consumer preferences towards specialty or sustainable coffee varieties.
- Potential impacts from trade policies or tariffs that could affect import volumes or values in the coming years.
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