The re-import of unwrought aluminium alloys to Canada stands at 1.8607 million kilograms in 2024, marking an increase from 2023. Over the 2024-2028 period, there is a steady year-on-year increase in volume, with growth percentages reflecting a moderate but consistent upward trend. Between 2025 and 2028, the compound annual growth rate (CAGR) signals a sustainable expansion in the market.
Future trends to watch for include:
- Potential changes in global trade policies affecting aluminium imports.
- Technological advances in aluminium alloy processing impacting domestic production needs.
- Environmental regulations influencing demand for recycled materials.