As of 2023, Canada marked a significant level of re-imports of anti-freezing preparations and prepared de-icing fluids. Forecasts for 2024-2028 project a steady growth in volume from 137.2 thousand kilograms in 2024 to 161.69 thousand kilograms in 2028. Year-on-year variation indicates consistent upward momentum, demonstrating the growing demand for these products. Over this five-year period, the compound annual growth rate (CAGR) suggests a healthy average annual increase, highlighting robust market expansion.
Future trends to watch for:
- Impact of climate change on de-icing needs, potentially influencing demand.
- Advancements in eco-friendly anti-freeze technologies that may alter re-import dynamics.
- Regulatory changes affecting trade and product standards.