The import of mixtures of natural and synthetic rubbers to Canada is projected to increase steadily from 2024 to 2028. Starting at USD 665,890 in 2024, it is expected to reach USD 726,170 in 2028. This reflects a consistent year-on-year growth, with a compound annual growth rate (CAGR) indicating progressive market expansion during these forecasted years.
Future trends to watch for:
- Influence of economic conditions on automotive and manufacturing sectors, major consumers of rubber.
- Global demand for sustainable materials potentially affecting synthetic rubber imports.
- Trade policies impacting international rubber trade volumes and pricing.