In 2023, the re-import of white or artificially colored Portland cement to Canada stood at approximately 11.95 thousand US dollars. Based on the forecast data, there is an anticipated steady increase in value from 2024 to 2028. The year-on-year growth rates are expected to be approximately 5.37% in 2025, 5.04% in 2026, 4.72% in 2027, and 4.44% in 2028. The compound annual growth rate (CAGR) over these five years is projected to be about 4.89%, indicating consistent growth in the supply or demand dynamics of this commodity.
Future trends to watch for:
- Changes in construction activity influencing cement demand.
- Trade policy developments affecting re-import conditions.
- Potential shifts in the source countries for re-imports.
- Innovations in cement production and its impact on pricing and demand.
