The import volume of titanium ores and concentrates to Canada is expected to progressively increase from 230.87 million kilograms in 2024 to 236.61 million kilograms by 2028. The year-on-year variations in percentage are as follows:
- 2025: 0.64%
- 2026: 0.62%
- 2027: 0.61%
- 2028: 0.59%
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 0.61%.
Looking forward, it will be crucial to monitor global supply chains, changes in demand from industrial sectors, and geopolitical factors that could impact the availability and cost of titanium ores and concentrates. Technological advancements and shifts towards alternative materials may also influence import volumes.
