In 2023, Canada’s re-import of plasters was valued at approximately 30.1 thousand US Dollars. From 2024 to 2028, the forecasted re-imports are projected to grow steadily from 31.47 to 36.82 thousand US Dollars, showcasing a continuous upward trend. The year-on-year growth rates demonstrate marginal increases, indicating a stable demand for plasters in the Canadian market. The compound annual growth rate (CAGR) for 2024-2028 is anticipated to be around 4%.
Future trends to watch for include potential impacts of technological advancements in construction materials, changes in international trade agreements, and environmental regulations affecting gypsum mining and plaster production. These factors could influence the supply chain and pricing dynamics in the coming years.
