In 2023, the re-import of polyethylene having a specific gravity of 0.94 or more to Canada stood below 2.271 million kilograms. The forecast for 2024 to 2028 shows a gradual increase in re-import volumes, from 2.271 to 2.4115 million kilograms. This signifies an average annual growth rate indicating a consistent upward trend in polyethylene re-imports over the next five years.
Future trends to watch for:
- Impact of global polyethylene demand on Canadian re-import needs.
- Regulatory changes affecting the polyethylene market.
- Innovations in production and recycling impacting trade volumes.