As of 2023, Canada did not have significant re-import levels of polypropylene, indicating the start of upward momentum in 2024 with a forecast of 288.74 Thousand Kilograms. A steady growth trend is predicted, with an increase each year through 2028, reaching 329.97 Thousand Kilograms. This consistent growth suggests a compound annual growth rate (CAGR) detailed in the variations. Observing year-on-year growth, 2024 to 2025 is expected to see approximately a 3.68% rise, with similar annual increases projected through 2028.
The future trends to monitor include potential fluctuations in global polypropylene prices, shifts in Canadian manufacturing demand, regulatory changes, and trade policies impacting re-import activities. Additionally, advancements in recycling technology could influence the volume of re-importation.
