In 2023, the import of pure aluminium plate, sheet, and strip to Canada stood at $6.3623 million. From 2024 onwards, a consistent year-on-year decline is projected with imports forecasted to reach $6.1406 million in 2024, decreasing steadily to $5.2834 million by 2028. This indicates a gradual downturn in the demand or supply of these aluminium products.
Future trends to watch for include:
- Global supply chain shifts affecting availability and pricing of aluminium.
- The impact of technological advancements and sustainable alternatives on the demand for aluminium products.
- Potential changes in Canadian industrial demands or construction activities influencing import levels.
