In 2023, the import of thiuram mono-, di-, or tetra-sulphides to Canada was at a recorded level prior to this forecast. As projected, from 2024 to 2028, there is a consistent downward trend in import values. Year-on-year, there is a significant decrease: from 2024 to 2025 by approximately 21.3%, from 2025 to 2026 by around 26.5%, from 2026 to 2027 about 35.3%, and from 2027 to 2028 approximately 53.5%. The compound annual growth rate (CAGR) over the forecast period is negative, indicating a reduction in imports each year on average.
Looking ahead, several trends could influence the import dynamics, including potential changes in Canadian regulatory policies on chemical imports, shifts in local demand, domestic production capabilities, or alternative sourcing options arising from geopolitical and economic factors. Monitoring the impact of environmental policies on chemical imports could also be crucial.
