In 2023, Canada's import of not carded or combed staple fibres of polyesters stood at an actual value equivalent to the data provided for 2023, against which forecasts compare. Looking at the forecasted data from 2024 to 2028, we observe a consistent decline in import values, indicating a negative year-on-year trend. Specifically, each year shows a decrease in import values: 2025 sees a decrease of approximately 1.89%, 2026 at 1.89%, 2027 at 1.89%, and 2028 at 1.89%. The compound annual growth rate (CAGR) for this five-year period is projected to be negative, suggesting an overall average yearly decrease in import values.

Future trends to watch for include:

Potential changes in global polyester fibre demand and supply dynamics.
Shifts in Canadian manufacturing preferences, potentially towards more sustainable or alternative fibres.
Economic factors affecting the currency exchange rate which could impact import costs.
Trade policies influencing Canada’s imports, such as tariffs or trade agreements.