The forecast for the import of tools for working in the hand with non-electric motors to Canada shows a consistent decline from 61.883 million USD in 2024 to 59.932 million USD by 2028. This represents a year-on-year decrease of approximately 0.81%. The compounded annual growth rate (CAGR) for the five-year period from 2024 to 2028 is approximately -0.8%. As of 2023, the import value stood slightly above 61.883 million USD, indicating the start of the projected downward trend.

Looking ahead, several factors could influence future trends in this market:

Technological advancements and shifts towards electric tools may further reduce demand for non-electric motor tools.
Changes in Canadian construction and manufacturing sectors can impact import volumes.
Trade policies and cost fluctuations of raw materials could affect import patterns.