The forecast for Canada's import of coir yarn from 2024 to 2028 shows a steady annual increase in value. In 2023, the import value was approximately 196.52 thousand US dollars. From 2024 to 2028, the year-on-year growth rates are consistent, with the compound annual growth rate (CAGR) over these five years reflecting a solid upward trend in demand.

Key future trends to watch for include:

Increasing application of coir yarn in eco-friendly and sustainable products driving demand.
The impact of trade policies that may influence import dynamics.
Market competition both from local sources and international players affecting price and availability.