The re-import of glass frit and other glass forms into Canada is expected to decline consistently from 2024 through 2028. Starting with 306 kilograms in 2024, the quantity decreases year-on-year by approximately 5-6%, reaching 239 kilograms by 2028. The total compound annual growth rate (CAGR) over this period indicates an overall reduction in volume. In 2023, re-import stood higher than the forecasted 2024 figure, suggesting a downward trend beginning even before 2024.
Future trends to watch include:
- Potential changes in global glass supply chains influencing re-import needs.
- Technological advancements in glass production and recycling affecting import requirements.
- Environmental policies impacting glass waste management and re-import strategies.