In 2023, Canada's import of zinc powders and flakes was approximately 182.53 thousand kilograms. The projections from 2024 to 2028 show a steady decline in imports, decreasing from 165.18 thousand kilograms in 2024 to 97.88 thousand kilograms in 2028. Year-on-year variations demonstrate a consistent reduction, with the most pronounced annual decrease occurring between 2027 and 2028. The compound annual growth rate (CAGR) over these five years is negative, reflecting an average yearly decline.
Future trends to watch include potential changes in industrial demand and advancements in domestic zinc production capabilities, which may further influence import volumes. Additionally, any shifts in global market dynamics or trade policies affecting raw materials could impact future trends. Close monitoring of these factors will be essential for forecasting future import patterns.
