In 2023, the re-import of aluminium bars, rods, and profiles to Canada was valued at approximately 10 million US dollars. From 2024 to 2028, the forecast indicates a steady upward trend in re-import value, reaching 11.408 million US dollars by 2028. This suggests a compound annual growth rate (CAGR) of approximately 2.75% over these five years.
Future trends to watch include:
- Fluctuations in the global aluminium market affecting import costs and trade balances.
- Potential changes in trade policies and tariffs impacting the re-import landscape.
- Technological advancements in recycling and production efficiency shaping supply chains.
- Sustainability and environmental considerations influencing industry practices and demand.