In 2023, the import value of blades for knives for hand use to Canada was approximately $11.6 million. The forecast predicts a steady growth, with values reaching $12.3 million by 2028. Year-on-year growth rates show modest increases: 1.2% from 2024 to 2025, 1.2% from 2025 to 2026, 1.1% from 2026 to 2027, and 1.1% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 1.1%.

Future trends to watch for:

Technological advancements in production could influence import dynamics.
Global trade policies and tariffs might impact import costs and volumes.
Consumer preferences for sustainable and high-quality materials could shift import sources.