The re-import of platinum, unwrought or in powder form to Canada, shows a declining trend from 2024 through 2028, moving from 0.54 kg in 2024 to 0.13 kg in 2028. In 2023, this re-import was negligible, highlighting the consistent drop in quantity over the forecast period. The year-on-year decrease indicates a significant reduction, marking an average decline per year. The compound annual growth rate (CAGR) over these five years reflects a consistent contraction.
Future trends to watch include changes in global platinum demand, particularly from the automotive and jewelry sectors. Market shifts in recycling practices and technological advancements in catalysis could further influence re-importation needs.
