Based on the forecasted data, the import value of worked ivory and articles of ivory into Canada is set to increase over the coming years, starting from $65.96 thousand in 2024 to $69.44 thousand by 2028. The year-on-year percentage increase remains relatively steady, averaging around 1.3% annually. As of the latest available data in 2023, there was no data provided, indicating a potential stabilization or minor decline in pre-2024 figures.
Future trends to monitor include:
- Legislative changes in Canada or internationally regarding the trade of ivory, which could impact import figures.
- Shifts in consumer demand for ivory alternatives due to rising environmental consciousness.
- Trade policy developments with major ivory-exporting countries.