The import of air conditioners without refrigerating units to Canada has been on a steady upward trend. In 2023, the actual import value stood at $126.54 million USD. From 2024 onwards, the forecasted data shows continuous growth with values reaching $129.84 million USD in 2024, $133.25 million USD in 2025, $136.6 million USD in 2026, $139.87 million USD in 2027, and $143.08 million USD in 2028.
- The year-on-year variation from 2024 to 2025 is forecasted to be approximately 2.63%.
- The year-on-year variation from 2025 to 2026 is forecasted to be approximately 2.52%.
- The year-on-year variation from 2026 to 2027 is forecasted to be approximately 2.39%.
- The year-on-year variation from 2027 to 2028 is forecasted to be approximately 2.29%.
The Compound Annual Growth Rate (CAGR) over the forecasted period from 2024 to 2028 is approximately 2.59%. It is useful to note that trends indicate a modest but consistent increase in imports.
Future trends to watch for include technological advancements in air conditioning systems, changes in environmental regulations, and economic factors that could either accelerate or decelerate the import growth. Monitoring these trends will provide insight into potential adjustments in demand and import values.
