In 2023, the re-import of natural graphite in powder or flakes to Canada stood at a discernible level. Moving into the forecast period of 2024 to 2028, predictions depict a steady decline from $13.01 thousand in 2024 to $10.98 thousand by 2028, indicating an average yearly decrease of approximately 4.2%.

Future trends to watch for include:

Potential changes in global demand due to advancements in battery technology and electric vehicle production.
Fluctuations in supply dynamics, potentially influenced by environmental policies and geopolitical factors.
The influence of alternative materials on the traditional graphite market.