The forecast data for soluble green coffee imports in Canada, expressed in millions of bags of 60 kg, suggests a steady upward trend from 2024 to 2028. In 2023, imports stood at approximately 2.10 million units. Over the next two years, the year-on-year growth rates are moderate, indicating a reliable increase in demand with no major fluctuations. The compound annual growth rate (CAGR) over the five-year forecast period is expected to remain consistent, reflecting a stable market environment.
Future trends to watch for include:
- Potential market shifts due to evolving consumer preferences towards sustainable and ethically sourced coffee.
- Impact of global economic conditions and trade policies on import volumes.
- Technological advancements in coffee processing that could influence import dynamics.
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