The import of flat plate, sheet, and strip of refined copper to Canada is projected to decrease steadily from 2024 to 2028, starting at 1.863 million kilograms in 2024 and reaching 1.7014 million kilograms by 2028. Compared to 2023, this forecast indicates a consistent year-on-year decline averaging around 2% annually. The import value in 2023 stood at approximately 1.91 million kilograms. This downward trend could stem from increasing local production capacities or a shift towards alternative materials.
Future trends to watch for include:
- Potential trade policies affecting copper imports.
- Technological advancements in copper-alternative materials.
- Economic factors influencing demand and pricing for refined copper.
