The forecast for imports of gypsum and anhydride to Canada indicates a steady growth over the next five years, starting from 26.999 million USD in 2024 and reaching 31.21 million USD by 2028. This represents a yearly increase of approximately 4% between 2024 and 2028. Comparatively, in 2023, the import stood at 25.962 million USD, with a Compound Annual Growth Rate (CAGR) over the forecast period estimated at around 4.25%.
Key future trends to watch for include:
- Potential shifts in construction activity that could impact demand for gypsum and anhydride.
- Changes in trade policies or tariffs could influence the cost and volume of imports.
- Innovations in construction materials might alter the preference for gypsum and anhydride.
