In 2023, the re-import of coins not being legal tender to Canada stood at a certain value, which serves as a baseline for future projections. From 2024 to 2028, there is a steady increase projected in the value of these imports, starting at $54.45 thousand in 2024 and rising to $58.94 thousand by 2028. This demonstrates a consistent positive trend with gradual year-on-year growth.
Key observations:
- Year-on-year growth rates show modest increases each year, indicating stable demand.
- The five-year Compounded Annual Growth Rate (CAGR) suggests steady long-term growth.
Future trends to watch for include changes in Canada’s coin collecting culture, innovations in numismatics, and shifts in global economic conditions that might influence the desirability of non-legal tender coins.
