The forecast for the re-import of prepared additives for cements, mortars, or concretes to Canada shows a declining trend from 2024 to 2028. In 2023, the volume stood at 29.6 thousand kilograms. The projected year-on-year decrease from 2024 through 2028 ranges between approximately 5% to 6% annually. Over the 5-year period, the compound annual growth rate (CAGR) indicates a steady decline in volume, averaging around a 6% reduction per year. This downward trend suggests a possible shift in demand dynamics or competition from local production.
Future trends to watch for include changes in the construction industry's demand for additives, advancements in local production capabilities, and potential policy changes affecting imports. Monitoring these factors will be crucial in anticipating any shifts in the import patterns of these materials.
