In 2023, the import value of dental cements and other dental fillings, alongside bone reconstruction cements to Canada, stood at 81.6 million USD. The forecast from 2024 to 2028 indicates a steady growth in import value, starting at 83.0 million USD in 2024 and reaching 88.73 million USD in 2028.
The year-on-year growth is modest, with approximately 1.77% to 1.83% annual increases over this period. The compound annual growth rate (CAGR) over the five-year forecast is approximately 1.9% per year, suggesting a stable expansion in the market demand.
Future trends to watch for include:
- The impact of demographic changes on dental care demand, particularly as Canada's aging population may increase the need for such products.
- Technological advancements in dental materials and procedures could spur changes in the types and quantities of imports.
- Healthcare policy shifts and trade agreements could influence import costs and supply chain dynamics.