The import of ground natural calcium phosphates to Canada is forecasted to increase from 2024 to 2028, showing a consistent growth trend in the value from $70.872 million in 2024 to $79.145 million in 2028. The annual growth rate stands around 3% year-on-year.
In 2023, the import value was recorded at approximately $68.8 million, indicating a positive growth of about 3% annually. Over the five-year forecast period, the compound annual growth rate (CAGR) is estimated to be stable at this rate, reflecting steady demand.
Future trends to watch for include fluctuations in global supply chains, potential shifts in Canadian agricultural policies and innovations, and changes due to international trade agreements. Monitoring these factors can influence the cost and availability of imports substantially.
