Domestic Coffee Machine Market Overview in Canada
In value terms, domestic coffee machine production surged to $ in 2019 estimated in export prices. In general, production posted a buoyant increase. The growth pace was the most rapid in 2015 with an increase of % year-to-year. As a result, production reached the peak level of $. From 2016 to 2019, production growth failed to regain the momentum.
The value of the domestic coffee machine market in Canada rose notably to $ in 2019, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a remarkable increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 with an increase of % y-o-y. Over the period under review, the market hit record highs at $ in 2012; however, from 2013 to 2019, consumption failed to regain the momentum.