Fuel imports in Canada are predicted to remain stable from 2024 to 2028, each year maintaining a value of 7.92 as a percentage of goods imports. In 2023, the actual value is 7.92. This constancy indicates no year-on-year variation over the next five years. The Compound Annual Growth Rate (CAGR) is thus 0%, reflecting no average annual change over the forecast period.
Key future trends to watch for include shifts in global fuel prices, advancements in renewable energy sources, changes in domestic energy policies, and potential impacts of international trade agreements. These factors could influence Canada's fuel import needs significantly beyond 2028.
