The re-import of automobiles with spark-ignition internal combustion reciprocating piston engines of a cylinder capacity between 1000-1500 CC to Canada showed actuals for 2023, which provide a basis for forecasting trends. Starting from 2024, the market is projected to decrease steadily with values of 29.28 for 2024, decreasing annually to 16.69 by 2028. The year-on-year variation suggests consistent declines: 11.07% from 2024 to 2025, 12.18% from 2025 to 2026, 13.67% from 2026 to 2027, and a 15.43% drop from 2027 to 2028. The compound annual growth rate for this period indicates a downward trend of approximately 13.53% annually.

Future trends to watch:

The decline in traditional combustion engine imports may accelerate with increasing regulatory pressures on emissions.
Shifts in consumer preferences towards electric vehicles (EVs) could further impact the market for internal combustion vehicles.
Monitoring technological advancements in hybrid engines and government incentives for greener technologies will be crucial.
Exchange rate fluctuations and economic growth can also influence forecast adjustments.