The import of multiple (folded) or cabled viscose yarn to Canada shows a significant declining trend over the forecasted period from 2024 to 2028. Starting at 260.14 thousand USD in 2024, it steadily decreases to 98.69 thousand USD by 2028. This represents a notable annual percentage decrease each year, with a compounded annual growth rate (CAGR) reflecting this downward trajectory over five years. In 2023, the import value stood higher, underscoring the sharper decline in subsequent years.
Future trends to watch for include potential shifts in domestic production capabilities, changes in consumer demand driven by sustainability initiatives, and fluctuations in global viscose yarn prices impacting the import dynamics in Canada.
