The re-import of phosphoric acid and polyphosphoric acids to Canada is forecasted to decrease from 3.14 thousand US dollars in 2024 to 2.77 thousand US dollars by 2028. The year-on-year variations indicate a steady decline, with 2025 showing a decrease of approximately 3.2% from 2024, while 2026 and 2027 show similar downtrends, ultimately culminating in an average annual decline (CAGR) of about 3% over the forecast period. Based on the latest data, the 2023 figures are not specified, but the continuous negative trend from 2024 onwards implies a decline.
Future trends to watch for include:
- Global market shifts that might affect supply chains and re-import values.
- Potential changes in domestic production capabilities within Canada.
- Economic factors and policies that could influence trade dynamics.
- Environmental regulations impacting the industry and import levels.
