Forecast: Re-Import of Pure Aluminium Rectangular Plate, Sheet, Strip to Canada

The re-import of pure aluminium rectangular plate, sheet, strip to Canada is projected to decrease slightly from 2024 to 2028, starting at $290.37 thousand and falling to $286.21 thousand. This corresponds to year-on-year declines of approximately 0.37% in 2025, 0.36% in 2026, 0.36% in 2027, and 0.35% in 2028. The compound annual growth rate (CAGR) indicates a steady decline of around 0.36% per annum over this period.

In 2023, the baseline year for historical comparison, the re-import value was higher, signaling a general downward trend over the forecast period. Future trends to observe include:

  • Changes in global aluminium prices that could affect re-import costs.
  • Exchange rate fluctuations impacting import value.
  • Trade policy adjustments between Canada and exporting nations that might alter import volumes.
  • Shifts in domestic demand influencing re-import needs.

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