Forecasting the import of portal or pedestal jib cranes into Canada reveals a slight but consistent decline in values from 2024 to 2028. Starting at 5.2384 million USD in 2024, the value is expected to decrease to 5.0357 million USD by 2028. This reflects a year-on-year decrease of approximately 1% each year from 2024 to 2028. Assuming the import value in 2023 stood at 5.290 million USD, there's a noticeable downward trend.

Key Trends to Watch for:

Economic conditions and industrial demand in Canada which could significantly affect import volumes.
Technological advancements in local manufacturing potentially reducing dependence on imports.
Trade policies and tariffs which may impact the cost and feasibility of importing these cranes.