The forecast for Canada's import of saturated acyclic hydrocarbons from 2024 to 2028 shows a gradual decline, with values decreasing from $197.71 million in 2024 to $192.28 million in 2028. Comparatively, in 2023, the imports stood at $198.50 million. The year-on-year variations reveal a consistent decline, reflecting a decreasing trend that started before 2024. The compound annual growth rate (CAGR) from 2024 to 2028 indicates a steady negative growth of around 0.7% annually.
Future trends to watch for include changes in global and domestic demand, trade policy shifts, and technological advancements in alternative hydrocarbons, which could influence import volumes and values.
