The import value of marble granules, chippings, and powder to Canada experienced fluctuating dynamics from 2013 to 2023. In 2023, it stood at 2.0116 million USD. While there were sporadic increases, the overall trend was a decline, with the most significant drop observed starting from 2020. The year-on-year variation between 2022 and 2023 showed a decrease of 11.86%, and the last 5-year Compound Annual Growth Rate (CAGR) evidenced a reduction of 10.61% per year on average.
From 2024 to 2028, the forecast data suggests a continued significant decline in imports. With a forecasted 5-year CAGR of -18.99%, showing an anticipated 65.12% drop in total import value by 2028. The future trend to watch for includes potential shifts in demand and supply balances, price volatility in the global market, as well as changes in environmental regulations that could further impact import volumes.
