In 2023, Canada imported a significant volume of kaolin and other kaolinic clays. From 2024, forecasts suggest a continuous decline in import volumes year-on-year. The expected imports in 2024 are 282.86 million kilograms, which is projected to decrease to 204.95 million kilograms by 2028. This downward trend indicates a percentage decrease of approximately 7.1% from 2024 to 2025, 7.5% from 2025 to 2026, 7.9% from 2026 to 2027, and 8.5% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) for this period is a negative value, signifying an average annual decline.
Future trends to watch for include shifts in domestic production capabilities, changes in international trade policies, and innovations in substitute materials. Monitoring these factors will be essential to understand the dynamics affecting the kaolin import market.
