In 2023, the re-import of pipe fittings of malleable iron or steel to Canada stood at a base figure, setting the stage for a steady bullish forecast. From 2024 to 2028, an upward trend is evident, with volumes rising from 59.1 thousand kilograms in 2024 to 64.95 thousand kilograms by 2028. Year-on-year growth shows a consistent increment of approximately 2.54%.
Key drivers may include increased domestic demand and supply chain reintegration. Future trends to watch include global steel price fluctuations and potential technological advancements in fitting production which may influence re-import levels.
