The forecasted import of nickel waste or scrap into Canada indicates a steady increase in volume from 2024 to 2028, starting at 23.743 million kilograms and rising to 24.926 million kilograms. This shows consistent year-on-year growth in the range of approximately 1% to 1.2%. In 2023, the actual import volume stood as a baseline for these projections.

Future trends to watch include:

Global demand for nickel, driven by its use in battery technology and stainless steel production, which may affect import volumes to Canada.
Potential shifts in Canadian industrial policy or recycling capabilities that could alter the need for imports.
Fluctuations in global nickel prices that impact economic viability of imports.