In 2023, the re-import value of tea to Canada stood at 5.2 million USD. The forecast shows a steady increase in re-import values, with a year-on-year growth of approximately 2% to 3% from 2024 to 2028. By 2028, the value is anticipated to reach 5.727 million USD. The compound annual growth rate (CAGR) for the forecasted period is about 1.9%, indicating a consistent upward trend.
Future trends to watch in Canada’s tea re-import market may include changes in global tea prices, the development of sustainable and premium tea products, and potential impacts from trade agreements or regulations affecting importation dynamics.
