The import of waste or scrap of precious metals, excluding pure gold and platinum, to Canada is projected to decrease steadily from $356.76 million in 2024 to $344.11 million by 2028. In 2023, the value stood at approximately the same level as 2024's forecast, indicating minimal immediate fluctuation. Although individual year-on-year percentage changes show modest declines, the compounded annual growth rate reflects a gradual annual decrease consistent over the five-year forecast period.

Future trends to watch for:

Technological advancements in recycling processes which could reduce demand for imports.
Potential policy changes regarding waste and scrap imports and environmental standards.
Fluctuations in global market prices for precious metals and their scrap equivalents.