The import of marble and travertine in blocks to Canada has experienced considerable fluctuation over the past decade. In 2023, the value stood at 2.7881 million USD, marking a steady upward trend with a YoY increase of 3.32%. Significant historical shifts include a notable dip in 2014 by -55.43% and a peak in 2019 with a 73.72% increase. Over the past two years, imports have grown with YoY rates of 3.51% in 2022 and 3.32% in 2023. The forecast suggests a steady annual growth with a CAGR of 2.44% from 2024 to 2028.
Key future trends to watch for:
- Continued moderate growth driven by sustained demand in the construction and renovation sectors.
- Potential market impacts from trade policies and economic conditions.
- Advancements in sourcing and logistics that may affect import volumes and values.