In 2023, the re-import of pure aluminium rectangular plates, sheets, and strips to Canada stood at (data missing). Projections indicate a steady annual increase from 2024 to 2028 in volume terms. Specifically, projected volumes are expected to grow by approximately 3.38% annually from 2024 through 2025, followed by a stable year-on-year increase of similar magnitude through 2028. The Compound Annual Growth Rate (CAGR) for the forecasted period is approximately 3.95%.
Future trends to watch for:
- Development in global aluminium market prices, which can impact re-import volumes due to cost-effectiveness.
- Technological advancements in alternative materials that may influence aluminium demand.
- Trade policy changes in Canada and its trading partners that could affect re-import dynamics.