The re-import of petroleum resins, polyterpenes, and polysulphides into Canada shows a steady upward trajectory beginning in 2024 with a value of $174.11 thousand USD. By 2028, it’s expected to reach $188.2 thousand, indicating a consistent growth pattern. The annual growth rate is projected to be approximately 2% year-on-year, with a compound annual growth rate (CAGR) across the forecast period at a similar pace. This suggests a predictable, moderate increase in these imports.
Future trends to monitor include potential disruptions in supply chains, fluctuations in global oil prices which could impact production costs, and any shifts in Canada’s trade policies that may affect import levels. Additionally, advances in resin technology and increased demand in automotive and industrial applications may further influence these forecasts.
