The forecasted import value of parts for air conditioners to Canada shows a steady increase from 2024 to 2028. Specifically, the import values are projected to rise from $863.16 million in 2024 to $924.69 million in 2028. The year-on-year growth is approximately 1.84% from 2024 to 2025, 1.77% from 2025 to 2026, 1.70% from 2026 to 2027, and 1.64% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is anticipated to be around 1.74%.
Future trends to watch for include advancements in HVAC technology, changes in environmental regulations, and shifts in consumer demand for energy-efficient air conditioning systems. Additionally, supply chain disruptions and trade policies could impact import values and trends.
