Key Market Indicators
In 2022, Canadian fuel imports totaled 3 cubic meters, marking a 25% decline from the 4 cubic meters recorded in 2021. This significant drop reflects a broader trend, with Canadian fuel demand plummeting by approximately 75% annually since 1997. On the export front, Canadian fuel exports are projected to reach nearly 97,600 cubic meters by 2028, down slightly from 98,100 cubic meters in 2023. This represents an average annual decrease of 0.1%. However, since 1997, Canadian fuel supply has experienced a steady increase, growing by nearly 23% annually.
