The re-import of rolled aluminium foil to Canada is projected to decrease steadily from 2023 to 2028. In 2023, re-import volume was higher than the forecasted volumes for the following years. From 2024 through 2028, the volume is forecasted to decrease from 4.44 thousand kilograms to 2.25 thousand kilograms, showing a consistent decline.
Key observations include:
- A year-on-year decrease from 2024 to 2028, with a more pronounced decrease each year.
- An average annual compound decline rate (CAGR) from 2024 to 2028 reflecting a downward trend.
Future trends to watch include potential impacts of trade policies, changes in global aluminum supply chains, and technological advancements in material substitutions. Monitoring these factors may provide insights into future fluctuations in re-import volumes.
