The forecast for Canada's import of hydrogen between 2024 and 2028 shows a steady decline from 3.7757 million USD in 2024 to 3.6702 million USD in 2028. The decrease over these years suggests a cautious market outlook which might be attributed to Canada's efforts in boosting domestic hydrogen production capacities or advancements in renewable energy technologies. It's notable to mention the year-on-year decline is relatively consistent, reflecting the market's anticipated adjustments.

Future trends to watch for include:

Technological advancements in hydrogen production and storage that could potentially reduce dependency on imports.
Government policies or international agreements aimed at promoting clean energy could reshape import needs.
Developments in key industries such as transportation and energy that may increase hydrogen demand.
Currency fluctuations impacting the cost of imports and market dynamics.