Data: {"year": "2024", "value": "215.43"}, {"year": "2025", "value": "221.95"}, {"year": "2026", "value": "228.34"}, {"year": "2027", "value": "234.6"}, {"year": "2028", "value": "240.74"}, where value is expressed in Million US Dollars.
Year-on-Year variations: 3.03% (2025), 2.88% (2026), 2.74% (2027), 2.62% (2028). The Compound Annual Growth Rate (CAGR) over the forecasted period (2024-2028) is approximately 2.82%.
Future trends to watch in the import of titanium to Canada include the possibility of increased demand due to advancements in aerospace and medical technologies, as well as potential disruptions from geopolitical factors or changes in global trade policies.