The forecast for Canada's import of merely cut granite from 2024 to 2028 shows a gradual decline in value, decreasing from 5.9452 to 5.6405 million US dollars. This consistent downward trend highlights potential shifts in market demand, domestic capabilities, or alternative materials. In 2023, the actual import value showed stability but will be declining by approximately 1-1.5% annually in the coming years.
Future trends to watch for include:
- Potential market substitution with alternative materials.
- Domestic production impacting import needs.
- Changes in global trade policies affecting costs and availability.
- Economic factors impacting construction and related sectors.
