In 2023, Canada's green coffee bean imports were at 3.10 million units. Forecasts indicate a steady increase in imports, with values projected to rise from 3.14 million units in 2024 to 3.36 million units by 2028. This demonstrates a compound annual growth rate (CAGR) of approximately 1.7% over this period, indicating a moderate upward trend in import activity.
Future trends to monitor include:
- Climate changes impacting coffee production in major export countries.
- Shifts in consumer preferences towards specialty and sustainable coffee.
- Fluctuations in international trade policies and tariffs.
- Technological advancements in coffee processing and logistics.
