Forecast: Import of Propylene Copolymers to Canada

The import of propylene copolymers to Canada exhibited significant fluctuations between 2013 and 2023, with values expressed in Million US Dollars. The import value stood at $507.26 million in 2023. Between 2021 and 2023, the year-on-year variations were 16.51% and 7.08%, respectively, indicating moderate growth. The five-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 1.8%, showing a relatively stable upward trend.

Future trends to watch for:

  • Projected import values suggest steady growth with a forecast CAGR of 1.31% from 2023 to 2028.
  • Key factors influencing future trends include global supply chain dynamics and developments in related industries.
  • Technological advancements and policy changes could also impact import volumes and values.