The import of gypsum and anhydride to Canada is expected to show a steady upward trend from 2024 to 2028 with forecast values increasing from 1.0034 billion kilograms in 2024 to 1.1608 billion kilograms in 2028. Comparing with the 2023 actual data, this positive trend indicates a consistent growth trajectory. Year-on-year, the variation suggests a stable increase of approximately 4% annually. Over the five-year period, the Compound Annual Growth Rate (CAGR) stands at a robust 3.6%, suggesting a dependable and ongoing expansion in imports.
Future trends to watch for include:
- Potential shifts in global supply chains that may affect import levels.
- Infrastructure development within Canada that could increase demands.
- Environmental policies and regulations influencing the use of gypsum-based products.