In 2023, the import of ash or residues containing mainly lead to Canada stood at a specific baseline, from which we forecast progressive growth over the coming years. From 2024 to 2028, we expect a gradual increase, with year-on-year figures indicating a steady rise. Specifically, 2025 shows a 2.28% increase, while 2026 and 2027 indicate improvements of approximately 2.2% annually. The compound annual growth rate (CAGR) from 2024 to 2028 is anticipated to average around 2.16% per year. This trend underscores a continuous but moderate rise in import volumes.
Regarding future trends, watch for changes in environmental regulations affecting lead residues import/export policies, fluctuations in global lead demand impacting the market dynamics, and technological advancements in recycling processes potentially affecting import volumes.
