The forecast for the import of liquefied butanes into Canada shows a steady upward trend from 2024 to 2028, with volumes increasing from 784.32 million kilograms in 2024 to 846.33 million kilograms in 2028. Comparing year-on-year increases: 2025 sees a growth of 2.03%, 2026 by 1.96%, 2027 by 1.88%, and 2028 by 1.81%. The compound annual growth rate (CAGR) over the five-year period is set to remain positive, indicating a healthy rise in demand.
Future trends to watch for include potential impacts of regulatory changes on fossil fuels, shifts in global butane supply and demand, and technological advancements in butane processing and usage that could influence import levels.