The re-import of Ferro-Titanium and Ferro-Silico-Titanium to Canada is projected to steadily rise from 122.87 thousand kilograms in 2024 to 137.01 thousand kilograms in 2028. In 2023, the volume was approximately 119.63 thousand kilograms, marking a consistent upward trend. Year-on-year growth rates reveal roughly an average increase of around 2.9% annually over the forecast period, resulting in a calculated compound annual growth rate (CAGR) from 2023 to 2028 aligning with this upward trajectory.
Future trends to watch for:
- Supply chain disruptions affecting availability and cost.
- Advancements in titanium alloy applications in various industries driving demand.
- Changes in global trade policies impacting re-import figures.