The import of hydrogen fluoride to Canada has seen a steady increase from 2024 to 2028, starting from $22.075 million in 2024 and reaching $25.456 million by 2028. This reflects a consistent year-on-year growth, with an average compound annual growth rate (CAGR) highlighting strong demand over the forecast period. In 2023, import values were lower, marking a contrasting upward trend that reflects growing industrial usage and potential supply chain adjustments.
Future trends to watch for include:
- Changes in environmental regulations influencing production and import needs.
- Fluctuations in global supply chains that could impact pricing and availability.
- Adoption of alternative technologies or materials reducing the dependency on hydrogen fluoride.