The import of colloidal or semi-colloidal graphite to Canada shows a marked decrease over the forecast period from 2024 to 2028. In 2023, the actual import volume was higher, signifying a declining trend. From 2024 to 2025, the year-on-year variation exhibits a decrease of approximately 14%, followed by similar reductions of about 16% each subsequent year, culminating in a drastic drop of 25% by 2028. The compound annual growth rate (CAGR) shows a consistent average annual decline over the five-year period.
Future trends to watch for include:
- Potential shifts in global supply and demand dynamics that may alter import levels.
- Technological advancements that could affect the production or replacement of graphite products.
- Policy changes in trade agreements that may impact import rates.