In 2023, Canada's import of aluminous cement stood at a baseline, with subsequent forecasts indicating a steady upward trend through to 2028. By 2024, imports are expected to reach 17.493 million USD, with consistent annual growth projected, culminanting at 19.704 million USD by 2028. This translates to a year-on-year growth rate of approximately 3-4% annually. The compound annual growth rate (CAGR) over the five-year period is indicative of moderate and stable expansion in demand within Canada's construction sector.
Future trends to watch for include potential fluctuations in global supply chains, changes in trade policies, and advancements in sustainable construction technologies, which could impact Canada's cement import dynamics.