In 2024, the import forecast for copper oxides and hydroxides to Canada is valued at $4.7873 million. This is predicted to decrease by 2.19% in 2025 to $4.6824 million, followed by a 2.21% decline in 2026 to $4.5795 million. The downward trend continues with a 2.20% decrease in 2027 to $4.4787 million, and a 2.22% drop in 2028 to $4.38 million. The CAGR over the next five years is forecasted to be -2.20%.
Future trends to watch for include potential global market fluctuations, Canada’s industrial demand changes, and advancements in copper usage technologies, all of which could impact import levels.