The re-import of copper and copper alloy waste or scrap to Canada is projected to grow consistently from 2024 to 2028, with volumes starting at 534.07 thousand kilograms in 2024 and reaching 638.59 thousand kilograms by 2028. Comparing year-on-year variations, there is a steady increase of approximately 5% annually. The compound annual growth rate (CAGR) over this five-year forecast period is roughly 4.5%. In 2023, the volume stood lower than the forecasted figures, reflecting a significant anticipated growth in demand or availability.
Future trends to watch include fluctuations in global copper prices, recycling technology advancements, and Canada’s policies on metal imports and scrap management. These could impact both the availability and demand for copper scrap re-importation.
