In 2023, the re-import of tubes, pipes, and hollow profiles of cast iron to Canada recorded a decline from its previous high. Forecasted values from 2024 to 2028 show a decreasing trend, with a compound annual growth rate (CAGR) revealing a significant decline over this five-year period, impacting the Canadian cast iron re-import market.

Future trends to watch include:

Market demand for alternative materials that may further weaken cast iron’s position.
Technological advancements in the domestic production of alternative materials.
Economic policies affecting import tariffs that could either exacerbate or slow this decline.