In 2023, the import of horizontal lathes for metal not numerically controlled to Canada stood at a certain baseline level, though this quantity is not specified here. The forecast for 2024 indicates imports will amount to 8.8173 million USD, with a gradual decline reaching 7.5769 million USD in 2028. The year-on-year percentage changes reflect a consistent decrease over the forecast period, highlighted by a Compound Annual Growth Rate (CAGR) indicating a steady reduction in value at an average rate per year over these five years.

Future trends to watch for include:

A potential impact of technological advancements and the resulting shift towards more numerically controlled machinery, possibly influencing demand.
Economic factors within Canada that could affect industrial production and demand for non-numerically controlled lathes.
Global trade policies and tariffs that may alter import dynamics significantly.