In 2023, Canada's import of activated natural mineral products, including animal black, stood at approximately 67.2 million kilograms. From 2024 to 2028, the forecast demonstrates a steady increase in import volumes, growing from 67.931 million kilograms in 2024 to 70.594 million kilograms by 2028. Year-on-year increments around 0.9% to 1.0% are expected, marking a continuous upward trend. The compound annual growth rate (CAGR) over this five-year forecast is around 0.96%.
Future trends to watch include potential shifts in global supply chain dynamics affecting import volumes, changes in domestic production capabilities influencing demand, and evolving environmental policies that may impact product demand and import practices.
