As of 2023, the import of rare gases to Canada stood at $27.531 million. From 2024 to 2028, the forecast predicts a gradual increase in import values, with annual growth ranging around 1.6% to 1.7%. The compound annual growth rate (CAGR) over this period reflects a consistent upward trend.
Future trends to monitor include:
- Potential shifts in global supply chains affecting rare gas availability.
- Technological advancements that could impact the demand for rare gases in various industries.
- Policy and regulatory changes regarding environmental concerns and resource management.