In 2023, the re-import value of machines to crush or grind stone, ores, and minerals to Canada was 3 s. The forecast for 2024 shows a stable value of 3 s, followed by a decline to 2 s from 2025 through 2028. This results in a year-on-year percentage decrease of approximately 33% from 2024 to 2025, stabilizing afterward. The five-year compound annual growth rate (CAGR) is expected to be negative, reflecting a downward trend.
Future trends to watch for include technological advancements that could influence the re-import market and environmental regulations that might alter the demand dynamics for such machinery in Canada.
