The import of ash or residues containing mainly copper to Canada is projected to decline from 13.604 million kilograms in 2024 to 6.0477 million kilograms in 2028. Compared to the baseline of 2023, the imports are experiencing a steady decline year on year, with the volume decreasing by decreasing rates annually. Specifically, the annual decrease in imports is 14.3% in 2025, 16.4% in 2026, 19.2% in 2027, and 23.2% in 2028. The compound annual growth rate over the five-year period is projected to be -18.2%.

Future trends to watch for include:

Investigating the factors driving the decline in copper ash or residue imports to potentially mitigate the decrease.
Monitoring potential shifts in domestic copper recycling rates that may influence the dependency on imports.
Analyzing global copper pricing trends, which could impact import volumes.
Assessing technological advancements in copper recovery that could alter Canada’s import needs.