The import forecast for bitumen and asphalt, asphaltites, and asphaltic rocks to Canada shows a downward trend from 2024 to 2028, beginning at 178.06 million kilograms and decreasing to 164.9 million kilograms. The year-on-year decrease in import volume indicates a gradual decline in demand or a potential increase in local production capabilities. As of 2023, the actual volume figures are not provided, but the consistent decline reflects possible changes in the market environment.
Future trends to watch for include:
- Impact of domestic production improvements on import needs.
- Changes in construction demand and infrastructure projects affecting consumption.
- Global price fluctuations and trade policies influencing import volumes.