In 2023, the re-import value of multi-phase AC motors with an output of less than 750 Watts to Canada was $45.78 thousand USD. Forecast data from 2024 to 2028 show a significant downward trend, starting at $37.95 thousand USD in 2024 and decreasing by an average CAGR of around -25% annually, reaching just $3.86 thousand USD by 2028. The year-on-year decline is consistently steep, indicating a reduced interest or demand for these specific re-imports.
Future trends to watch for include potential shifts in global trade dynamics, technological advancements in AC motor efficiency, and Canada's domestic manufacturing capabilities affecting re-import needs.
