The forecasted import of asbestos to Canada shows a slight upward trend from 2024 to 2028, with values increasing from $93.34 thousand to $94.28 thousand. As of 2023, the value stood at the same level as 2024, indicating no significant change from the previous year. The year-on-year growth from 2024 onwards is minimal, reflecting a stable but slowly increasing demand. The compound annual growth rate (CAGR) over the next five years suggests a modest average annual increase.
Future trends to monitor include potential regulatory changes related to asbestos use, shifts in industry reliance, and global market conditions impacting supply and cost. These factors could influence future import volumes and values.
