Forecast: Import of Aluminium Waste or Scrap to Canada

The import of aluminum waste or scrap to Canada shows a slight declining trend from 2024 to 2028, with values decreasing from 155.97 million USD in 2024 to 147.29 million USD in 2028. This represents a year-on-year average decline of approximately 1.46%. Such a trend may indicate a shift in Canada’s demand for raw materials, potentially due to increased domestic recycling rates or changes in industrial needs.

Key future trends to watch for include:

  • Changes in global aluminum market conditions that could affect scrap prices.
  • Technological advances in recycling and reclamation that increase the use of locally sourced materials.
  • Environmental regulations that might impact the importation of aluminum scrap.

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