In 2023, the import of Technically Specified Natural Rubber (TSNR) to Canada was valued at approximately 165.33 million US dollars. The forecast data from 2024 to 2028 suggests a gradual but consistent increase in the import value, growing from 165.33 million dollars in 2024 to 167.33 million dollars in 2028. The year-on-year growth rates indicate a steady annual increase of around 0.36%.
Looking ahead, trends to watch for include potential shifts in global demand for natural rubber, advancements in synthetic alternatives, and any changes in Canada's industrial and automotive sectors. These factors could significantly impact Canada's import volumes and values of TSNR in the coming years.
