The re-import of diodes to Canada, excluding photosensitive and light-emitting types, is projected to decrease from 2024 through 2028. In 2023, the actual import value was higher than the forecasted decline starting at 62.97 in 2024 and gradually reaching 57.98 in 2028. This trend indicates a consistent year-over-year decrease, with an average annual decrease (CAGR) suggesting a decline in demand or a shift in supply chain dynamics.
Future trends to watch include:
- Changes in global semiconductor demand and supply chain resilience.
- Technological advancements in alternative technologies possibly reducing diode dependency.
- Evolving trade policies impacting cross-border imports and exports.