In 2023, Canada imported a value of calcined gypsum or calcium sulphate at approximately USD 18.5 million. Forecasts for the years 2024 to 2028 suggest a gradual increase in imports, with values rising from USD 18.834 million in 2024 to about USD 20.537 million by 2028. This trend indicates a steady year-on-year growth rate around 2% for each consecutive year from 2024 to 2028.
Future trends to watch for include:
- Changes in Canada's construction industry demand, which heavily influences plaster imports.
- Potential trade policy adjustments that could impact import costs and volumes.
- Technological advancements in the use or production of alternative materials.
- Economic factors, such as currency fluctuations and inflation, affecting import values.
