The forecasted re-import of rare gases to Canada shows a declining trend from 2024 to 2028, with volumes decreasing annually. In 2023, the actual re-import volume stood at 290 kilograms. From 2024 to 2025, the volume is expected to decline by 5.8%, and from 2025 to 2026, by 6.5%. Subsequently, from 2026 to 2027, there is an estimated reduction of 6.6%, and from 2027 to 2028, a decrease of 6.6%. Over the full five-year forecast period, the Compound Annual Growth Rate (CAGR) implies an average annual decline of 6.35% in the volume of rare gases re-imported to Canada.
Future trends to watch for:
- Technological advancements in rare gas production and recycling.
- Policy changes regarding import regulations for rare gases.
- Fluctuations in global demand for rare gases impacting re-import volumes.
