The forecast for the import of plaster or compositions based on plaster to Canada shows a steady incremental increase from 2024 to 2028. In 2024, the imports are projected at USD 121.4 million, up slightly to USD 122.74 million by 2028. Comparing year-on-year, there is a minor annual growth, with an approximate average increase of 0.27% per year over this period.
Future trends to watch for include:
- The potential impact of construction activity and housing market trends in Canada, which could influence demand and imports of plaster-based materials.
- Trade policy changes and tariffs that could affect import costs and volumes.
- Technological advancements in construction materials that might alter the demand dynamics within the building sector.