The re-import of newspapers, journals, and periodicals with less than four issues per week to Canada is expected to see a consistent decline from 2024 to 2028, dropping from $3.11 million in 2024 to $2.46 million by 2028. This trend equates to an approximate compound annual growth rate (CAGR) of about -5.7% over the forecasted period. Comparing this to historical trends, where in 2023, the re-import value was slightly above $3.11 million, a steady decrease in demand or production is evident.
Future trends to watch include:
- Digitization might further reduce demand for print issues.
- The rise in digital subscriptions could accelerate this decline.
- Potential trade policies impacting importation costs.
