The import of plate, sheet, strip of copper-zinc alloy in coils to Canada is projected to decrease steadily from 2024 to 2028, starting at $20.935 million in 2024 and declining to $19.166 million by 2028. The year-on-year percentage variation indicates a consistent negative growth pattern, with an average annual decline (CAGR) observed over the five-year forecast period.
In 2023, which marked the baseline for understanding these forecasts, the import value stood at a higher point than the projected future values, suggesting a downward trend in demand or external market influences affecting imports.
Future trends to watch for include potential shifts in global copper-zinc prices, changes in Canadian manufacturing that may affect demand for these imports, and any new trade policies that could impact the flow of these goods into the country.
