The import of granulated slag from the iron or steel industry to Canada is forecasted to show a steady increase from 2024 to 2028, starting at approximately 62.158 million kilograms and reaching around 64.05 million kilograms. Compared to the actual import value in 2023, this reflects a gradual upward trend projected throughout the period. The year-on-year variation suggests consistent growth, with the compounded annual growth rate (CAGR) indicating an average annual increase across these five years.
Future trends to watch for include:
- Potential shifts in global steel production impacting slag availability.
- Market demand fluctuations correlated with Canada's construction and manufacturing sectors.
- Regulatory changes relating to environmental policies affecting slag trade.