The forecast for the import of gypsum, anhydride, and gypsum plaster to Canada shows a consistent upward trend from 2024 to 2028. In 2023, the import value stood in the range of approximately 44 million USD. The year-on-year growth from 2024 to 2028 is steady, with a gradual increase in the forecast values. The compound annual growth rate (CAGR) over this period is promising, indicating a strong demand for gypsum products in the Canadian market.
Future trends to watch for include:
- Potential impacts of new construction projects driving demand for gypsum products.
- Changes in trade agreements that may affect import costs and supply chain dynamics.
- Technological advancements in gypsum production that could influence import values.