In 2023, the re-import of multiple (folded) or cabled viscose yarn to Canada was valued at approximately $65,000 USD. Based on forecasts from 2024 through 2028, the market is expected to see a steady year-on-year increase: 3.87% in 2024, 3.88% in 2025, 3.67% in 2026, 3.46% in 2027, and 3.28% in 2028. The compound annual growth rate (CAGR) over this five-year span is projected to be around 3.63%.
The upward trend in forecasted re-import values suggests sustained growth, likely driven by increasing demand for sustainable fabrics and innovations within the textile industry. Key sectors to watch include the evolution of eco-friendly production processes and potential changes in trade policies which might impact cost and demand.
