The import of textile fabric used in paper-making weighing less than 650 g/m2 to Canada is projected to decline steadily from 2024 to 2028. Starting at $4.456 million in 2024, it is expected to decrease each year, reaching $2.5922 million by 2028. Based on the actual figures before 2024, it is assumed that there was a higher previous level of imports. This indicates a consistent downward trend with decreases approximately between 10-15% annually.
Future trends to watch for:
- Innovation in paper-making processes that may reduce the dependency on imported textile fabrics.
- Shifts in the global market dynamics affecting the cost and availability of textile imports.
- Potential trade agreements or tariff changes impacting import levels.
- Environmental policies influencing the choice of materials in paper production.