In 2023, the import value of quartz to Canada stood at approximately 14.7 million USD. The forecast from 2024 to 2028 indicates a steady increase, with imports expected to rise from 15.182 million USD in 2024 to 16.999 million USD by 2028. This reflects a consistent year-on-year growth, with the highest growth rate expected in 2028. Over these years, the compound annual growth rate (CAGR) is anticipated to be around 3%.
Future trends to watch for include:
- Potential disruptions in supply chains affecting quartz imports.
- Changes in Canada's construction and technology sectors, which heavily depend on quartz.
- Global market fluctuations impacting quartz pricing and availability.