Based on the provided data, Canada's electrical equipment exports to Australia are expected to decline steadily from $43.031 million in 2024 to $38.419 million in 2028.
- 2024: $43.031 million
- 2025: $41.843 million (-2.77%)
- 2026: $40.678 million (-2.78%)
- 2027: $39.537 million (-2.80%)
- 2028: $38.419 million (-2.83%)
The Compound Annual Growth Rate (CAGR) over the five-year period is approximately -2.80%, indicating a consistent decline. Future trends to watch include global economic conditions, potential trade policy changes, and technological advancements impacting production and demand.
