In 2023, the re-import of tin bars, rods, profiles, and wire to Canada were recorded at 4.31 thousand kilograms. From 2024 to 2028, forecasts show a steady increase. The year-on-year growth percentages are approximately 5.5% from 2024 to 2025, 5.2% from 2025 to 2026, 4.7% from 2026 to 2027, and 4.3% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is projected at around 4.8%, indicating a consistent upward trend.
Future trends to watch for include:
- Potential changes in global tin supply and demand dynamics, impacting import volumes.
- Technological advancements in the applications for tin, possibly influencing re-import needs.
- New trade policies or agreements that may affect import tariffs or restrictions.