The import of Ferro-Silico-Manganese to Canada exhibited fluctuations over the past decade. Starting from 55.38 million USD in 2013, the value dropped significantly to 34.462 million USD in 2016, before rebounding to 75.56 million USD in 2018. Notable year-on-year variations include a sharp decline of 30.03% in 2016 and a substantial increase of 79.79% in 2017. By 2023, the import value reached 57.553 million USD. The average variation per year over the last five years, calculated as the CAGR, was slightly positive at 0.48%.
Future trends to watch for:
- Forecasted import values suggest a steady, albeit modest, increase in the coming years, culminating in 59.342 million USD by 2028.
- Watch for potential market dynamics or policy changes that could disrupt this forecasted growth.
