Forecast: Import of Monolithic Integrated Circuits, Except Digital to Canada

The import of monolithic integrated circuits, except digital, to Canada, is projected to see continual growth from 2024 to 2028. In 2023, the imports were recorded at a lower value than the forecasted 2.4884 billion USD for 2024. Between 2024 and 2025, a growth rate of approximately 2.25% is expected, with a trend of slight annual increases—2.16% from 2025 to 2026, and 2.07% from 2026 to 2027. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 stands at about 2.12%, indicating steady but moderate expansion in the market.

Future trends to watch include technological advancements in semiconductor industries and geopolitical influences that could affect supply chains. Monitoring shifts in global demand and Canada's technological infrastructure development will also be essential for understanding long-term import trends."

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