The value of re-importing trucks with lifting equipment to Canada was estimated at 3.88 million USD in 2023. From 2024 onwards, the forecasted values show a steady increase, suggesting a positive growth trajectory.
- Forecasted values: 2024 (3.9193 million USD), 2025 (3.9607 million USD), 2026 (4.0013 million USD), 2027 (4.041 million USD), 2028 (4.08 million USD).
Year-on-year growth is modest, reflecting stable demand or gradual increases in supply or pricing factors. Over five years, the compound annual growth rate (CAGR) indicates a consistent upward trend.
Future trends to watch include advancements in lifting technology, changes in trade policies, and shifts in demand driven by economic factors in Canada and globally. Monitoring these factors will help anticipate and adapt to market movements.
