From 2013 to 2018, imported liqueur sales in Canada saw a mix of growth and decline, with the lowest point in 2014 at -6.72% year-on-year. A significant upward trend began in 2019, peaking at 19.04% year-on-year growth. This upward trajectory continued through 2023, reaching 20.57 million liters, with a notable CAGR of 7.17% over the past five years.

Future trends to watch for:

Moderate growth is forecasted from 2024 to 2028, with a projected 5-year CAGR of 1.25%.
2028 is expected to see sales reach 22.25 million liters, implying a 6.39% growth rate from 2023.
Market dynamics, consumer preferences, and emerging brands could further influence these forecasts.