In 2023, the re-import value of mica to Canada was not specified in the given data. The forecast from 2024 to 2028 shows a steady increase, with the re-import value expected to rise from $7.3 thousand USD to $8.12 thousand USD. This indicates a consistent year-on-year growth rate averaging approximately 2.7%. The compound annual growth rate (CAGR) over these forecasted years aligns with this steady trend.
Future trends to watch for:
- Potential changes in global demand for mica, impacting Canadian re-import trends.
- Fluctuations in international trade policies affecting Canada's mica trade.
- Innovations in industries using mica and their influence on import dynamics.