The forecast for Canada's re-import of unrefined copper, copper anodes, and electrolytic refining suggests a declining trend from 2024 to 2028. Starting at $5.37 thousand USD in 2024, the value is projected to fall annually, landing at $3.85 thousand USD by 2028. This demonstrates a consistent decrease, with a 9.4% decline from 2024 to 2025, followed by further decreases year-on-year. Notably, the compound annual growth rate (CAGR) indicates an average yearly decline in this sector over the five-year forecast period.
Looking forward, market participants should monitor:
- The global demand for copper and related geopolitical factors.
- Technological advancements in refining and recycling.
- Environmental regulations impacting copper production and trade.
