Forecast: Import of Parts for Domestic Non-Electric Thermic Appliances to Canada

In 2023, the import of parts for domestic non-electric thermic appliances to Canada was valued at approximately $61.45 million USD.

Looking ahead from 2024 to 2028, a consistent growth trend is evident with an estimated year-on-year increase of around 0.88%. By 2028, the imports are projected to reach $64.057 million USD. The compound annual growth rate (CAGR) over this forecasted period is approximately 1.02%.

Future trends to watch for include:

  • Potential market shifts due to advancements in thermic appliance technologies.
  • The impact of global trade policies and tariffs on import levels.
  • Fluctuations in domestic demand driven by construction and housing market changes.

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