The import of Ferro-Titanium and Ferro-Silico-Titanium to Canada is projected to decline from 549.56 thousand kilograms in 2024 to 362.28 thousand kilograms in 2028. This shows a steady decrease over the five-year forecast period. In 2023, imports stood at a higher level, indicating a downturn trend.
Year-on-year variations reveal consistent decreases, averaging a compound annual growth rate (CAGR) that suggests a gradual reduction in imports.
Future trends to watch for include potential impacts from global supply chain changes, shifts in Canadian manufacturing demands, and evolving trade agreements that could influence import volumes of these ferroalloys.
