The import of injection or compression types moulds for rubber or plastic to Canada is forecasted to slightly decline over the next five years. From 2024 to 2028, the value decreases from $211.8 million to $208.6 million, suggesting a gradual reduction. The projected year-on-year change shows minimal decrease, with a compound annual growth rate (CAGR) indicating a consistent downward trend over the forecast period.
Future trends to watch for include potential shifts in manufacturing technology, changes in trade policies, or domestic production capabilities that could impact the demand for imported moulds. Additionally, fluctuations in the global supply chain and broader economic conditions could further influence import volumes.
