In 2023, the re-import of horizontal lathes for metal not numerically controlled to Canada stood at 8 s. The forecast from 2024 to 2028 indicates a steady increase, reaching 11 s in 2028. Notably, there's a marginal upward trend, with values plateauing at 10 s from 2025 to 2027 before seeing a slight rise in 2028. Year-on-year variations show minimal growth reflecting stability in the market.

Future trends to watch for:

Technological advancements could impact demand for non-numerically controlled lathes.
Shifts in industrial manufacturing policies might affect re-import rates.
Market resilience in response to global economic changes will be crucial to monitor.