In 2023, the import value of green tea in packages of more than 3 kg to Canada was estimated at approximately $14.5 million. The forecasted values indicate a consistent upward trend, with a steady increase observed every year from 2024 to 2028. Specifically, imports are projected to grow from $14.943 million in 2024 to $16.745 million by 2028. The year-on-year growth percentage suggests a stable annual increase, contributing to a compound annual growth rate (CAGR) over five years that underscores a positive trajectory for the industry.

Future trends to watch for include:

Potential shifts in consumer preferences towards organic or specialty green teas, impacting import sources.
Economic factors and trade policy changes influencing import prices and supply chain dynamics.
Innovation within the tea sector, such as ready-to-drink options, possibly affecting bulk imports.