The forecast for the import of spark-ignition internal combustion engines to Canada shows a consistent increase from 2024 to 2028. In 2023, imports stood at 4.7711 billion USD. Year-on-year, the import value is projected to increase by approximately 0.45% to 0.48% annually, reflecting a stable upward trend. The compound annual growth rate (CAGR) over the five-year forecast period is expected to be around 0.48%.

Future trends to watch for include:

Technological advancements in alternative energy vehicles that could impact demand for traditional combustion engines.
Changes in trade policies or tariffs affecting import costs and competitiveness.
Influences of environmental regulations and initiatives promoting electric or hybrid vehicles, potentially altering market dynamics.