The projected import of ale, beer, stout, and porter in Canada is showing a consistent downward trend from 2024 to 2028. The forecast for 2024 begins with 172.48 thousand kiloliters and predicts a steady decline to 94.78 thousand kiloliters by 2028. Year-on-year percentage decreases reveal a notable reduction, indicating a declining trend in import volumes over these years. This represents a compounded annual growth rate (CAGR) distinctly portraying a contraction in this market segment when analyzed over this five-year span.
Future trends to watch for include potential shifts in consumer preferences towards locally brewed options, increasing health consciousness leading to reduced alcohol consumption, and possible regulatory changes affecting import tariffs. Moreover, competition from non-alcoholic beer alternatives and craft beer evolution could further influence the import volumes of traditional ale, beer, stout, and porter.
