The forecast for the import of plaster board not ornamental, paper reinforced to Canada indicates a consistent decline from 2024 to 2028, with values decreasing from 71.565 million USD in 2024 to 67.904 million USD by 2028. In 2023, the actual import value stood at approximately 72.5 million USD. The year-on-year variations reveal a gradual annual decrease, suggesting a slowing demand or a shift towards alternative materials. Over the forecasted five-year period, there is an average annual decrease of around 1.35% (CAGR), underlining a trend towards diminished import reliance.
Future trends to watch for include changes in construction industry demands in Canada, potential technological advancements in building materials, and any shifts towards sustainable or domestically produced alternatives that could influence import volumes further.
