By 2023, the import of glass cullet, waste or scrap, and glass in the mass to Canada reached approximately 96 million kilograms. The forecasted data from 2024 to 2028 shows a gradual increase in imports, suggesting a steady growth trend with a compound annual growth rate (CAGR) of roughly 1% over five years. The import volume is expected to rise from 97.315 million kilograms in 2024 to 101.91 million kilograms in 2028, indicating a yearly incremental growth rate.
Future trends to watch for:
- Technological advancements in glass recycling and processing could affect import volumes.
- Changes in environmental regulations may influence demand and supply dynamics.
- Shifts in manufacturing practices within Canada that utilize recycled glass materials.