The import of coach screws of iron or steel to Canada is forecasted to grow steadily from 2024 through 2028. Starting at $8.495 million in 2024, the forecast indicates an increase to $10.041 million by 2028. For context, in 2023, the actual import value was slightly lower than the 2024 forecast, suggesting a consistent upward trend.
The year-on-year growth from 2024 to 2028 shows a solid upward trajectory with:
- 4.7% increase from 2024 to 2025
- 4.4% increase from 2025 to 2026
- 4.1% increase from 2026 to 2027
- 3.9% increase from 2027 to 2028.
Future trends to watch include potential impacts from shifts in global trade policies, fluctuations in raw material costs, and advancements in manufacturing technology. Monitoring these factors could affect the rate of import growth and market demand in coming years.
