The re-import of flat rolled iron or non-alloy steel plated or coated with plastics of a width of less than 600 mm to Canada shows a declining trend from 2024 to 2028. Starting at a value of 3.46 thousand kilograms in 2024, this market is projected to decrease by an average compound annual growth rate (CAGR) of approximately 10.69%, reducing to 2.16 thousand kilograms by 2028.
Year-on-year, the forecast indicates a decline of around 9.83% in 2025, 10.58% in 2026, a further 11.47% in 2027, and a final decrease of 12.55% in 2028. Without data from 2023, we cannot provide the actual last recorded figure before predictions commenced.
Future trends to watch for include potential shifts in international trade agreements, technological advancements in material sourcing, and changes in the demand for steel products in industries such as construction and automotive manufacturing. Close monitoring of these factors could provide insights into market corrections or accelerations.
