In 2023, the re-import value of flat rolled iron or non-alloy steel plated or coated with plastics of a width of less than 600 mm to Canada stood higher than $9,240,000, experiencing a consistent decline in subsequent years. The year-on-year variation illustrates a decrease of -9.7% from 2024 to 2025, and further declines at rates of approximately -10.68%, -11.7%, and -13.07% in the subsequent years, establishing a compound annual growth rate (CAGR) of -10.79% over the five-year forecast period.
Future trends to watch for include:
- Potential shifts in global supply chains affecting re-importation volumes.
- Technological advancements in steel production and coating processes.
- The impact of Canadian trade policies and international trade agreements.
