In 2023, the import volume of flat rolled iron or non-alloy steel plated or coated with plastics of a width of less than 600 mm to Canada stood at approximately 9.35 million kilograms. The forecasted data from 2024 to 2028 indicates a steady decline in import volume, with year-on-year decreases of around 2.2% in 2025, 2.2% in 2026, 2.2% in 2027, and 2.2% in 2028. This results in a compound annual growth rate (CAGR) of approximately -2.2% during this period, signifying a consistent downward trend in imports.
Future trends to watch for include potential changes in trade policies, advancements in domestic production capabilities, and shifts in demand due to technological advancements or alternative materials, which may impact the import levels of these specific steel products.
