The forecast for the import of aluminium doors, windows, frames, and thresholds to Canada shows a steady increase from 2024 to 2028, starting at $106.59 million in 2024 and reaching $113.09 million by 2028. In 2023, the actual import value was slightly lower, reflecting a gradual upward trend. Over the two-year period, from 2024 to 2025, there is a modest year-on-year increase of approximately 1.57%, and similar trends continue in subsequent years. The Compound Annual Growth Rate (CAGR) over the five-year period suggests an average annual growth of around 1.5%.
Future trends to watch for in this sector include:
- Technological advancements in aluminium production enhancing product quality and sustainability.
- Fluctuations in global aluminium prices impacting import dynamics.
- Changes in Canadian construction and renovation activities influencing demand.