In 2023, the import value of monoculars and telescopes to Canada was 19.648 million USD. Forecasts indicate a steady increase over the next five years, with values rising from 19.94 million USD in 2024 to 21.123 million USD in 2028. The year-on-year growth rate remains between 1.52% and 1.86%, showing consistency in import growth. The compound annual growth rate (CAGR) over this period is approximately 1.45%.
Future trends to watch for include technological advancements in optics, increasing consumer interest in recreational and professional observatory activities, and potential shifts in trade policies that could affect import volumes and values.
