By the end of 2023, Canada's import of ash or residues containing mainly zinc (not spelter) stood as a historical data point for determining future trends. Forecasts indicate a steady growth from 2024 through 2028, with values increasing from $11.016 million to $13.253 million. This forecasted growth shows a consistent upward trajectory in import value, reflecting on average annual growth over the five years.
The expected year-on-year growth suggests a positive momentum in Canada's zinc-containing residue import market, likely driven by industrial demand and economic factors influencing this sector.
Future trends to watch for include:
- Potential shifts in international trade policies affecting imports.
- Technological advancements in recycling and use of zinc residues.
- Fluctuations in global zinc prices impacting import costs and demand.
