The re-import of woven products of stainless steel to Canada has shown a significant declining trend over the past five years. In 2018, the import volume was 596 kilograms, which has consistently decreased each year, reaching 61 kilograms by 2022. This represents a considerable year-on-year decline, with the most notable drop occurring between 2021 and 2022. Over the five-year period, the compound annual growth rate (CAGR) reflects a sharp negative trajectory in volume re-imported.

Future trends to watch include:

Demand shifts within the stainless steel industry globally, particularly in sectors such as construction and automotive.
Potential changes in trade policies or tariffs influencing re-import costs and feasibility.
Technological advancements in domestic production capabilities which might reduce the reliance on re-imports.