Forecast: Re-Import of Zinc Oxide and Peroxide to Canada

In 2023, the re-import of zinc oxide and peroxide to Canada was reported at 210.50 thousand kilograms. The forecast for 2024 shows an increase to 217.81 thousand kilograms, indicating a 3.5% growth year-on-year. The trend continues with a year-on-year growth of 4% in 2025, 3.8% in 2026, 3.6% in 2027, and 3.4% in 2028. Overall, from 2024 to 2028, the Compound Annual Growth Rate (CAGR) is projected at 3.66% per annum.

Future trends to watch for include:

  • Shifts in global supply chains affecting raw material availability.
  • Technological advancements leading to potential increases in demand for zinc derivatives.
  • Environmental regulations influencing the sourcing and processing of zinc products.
  • Evolving market dynamics in industries utilizing zinc oxide and peroxide, such as cosmetics and pharmaceuticals.
  • Impacts of trade agreements and tariffs on import levels.

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