The import of raw or retted true hemp fiber to Canada is forecasted to decline steadily from 2024 to 2028. Starting at 43.89 thousand kilograms in 2024, imports are expected to decrease to 39.57 thousand kilograms by 2028. This reflects an average annual decrease (CAGR) of approximately 2% over the five-year period. The year-on-year percentage variation shows a consistent decline, with a reduction of about 2.5% to 2.8% each year.
Future trends to watch for include shifts in global demand for sustainable materials, changes in trade policies impacting hemp fiber importation, and advancements in domestic production capabilities that could further influence import levels.
