The import of tiles and flagstones of cement, concrete, and artificial stone to Canada is projected to increase steadily from 2024 to 2028. In 2023, the actual import value stood at 128.55 million USD. In 2024, the forecast value is 133.67 million USD, marking a 3.98% increase from the previous year. The subsequent years see continued growth with 2025 projected at 137.99 million USD (3.23% increase), 2026 at 142.22 million USD (3.07% increase), 2027 at 146.36 million USD (2.91% increase), and 2028 at 150.43 million USD (2.78% increase). The compound annual growth rate (CAGR) for the five-year forecast period is approximately 3.19%.

Future trends to watch:

Economic factors influencing the construction and housing market in Canada, as these directly affect import demand for cement-based tiles and flagstones.
Developments in sustainable building materials, which may impact the demand for traditional cement and concrete-based tiles.
Changes in trade policies and tariffs that could impact import costs and sourcing strategies.