Key Market Indicators
Canadian metal products exports are projected to hit approximately $775 million by 2028, up from around $750 million in 2023. This represents an annual growth rate of 0.5%. However, it is worth noting that since 1994, the country's supply has experienced a slight annual decline of 1%. On the import side, Canadian metal products are expected to reach about $2.2 billion by 2028, rising from roughly $2.1 billion in 2023. This also marks an average annual growth rate of 0.5%. Despite this projected increase, Canadian demand has seen a yearly decrease of 0.3% since 1994.
