The forecasted import of used postage and revenue stamps, including first day covers to Canada, shows a consistent declining trend from 2024 through 2028, with values decreasing from $1.6523 million to $1.4202 million. Compared to 2023, imports stood at $1.70 million, indicating a yearly contraction of about 3.5% year-on-year for 2024 and similar trends for subsequent years. The compound annual growth rate (CAGR) portrays a steady average decline of approximately 3% over the forecasted period.
Future trends to watch for include the impact of increased digital communication and shifts in philately interest which may further influence the demand and import levels of these collectibles. Economic factors and currency fluctuations could also affect the valuation and quantity of these imports distinctly.
