In 2023, the import value of rosin and resin acids to Canada stood at 1.500 million USD. The forecast from 2024 to 2028 indicates a downward trend. Starting at 1.4166 million USD in 2024, the import value is projected to decrease progressively by 8.5% each year to reach 0.95044 million USD by 2028. Over these five years, the compound annual growth rate (CAGR) is approximated at -8.6%, underscoring a declining import trend.

Future trends to watch for include:

Potential shifts in global supply chains affecting availability and pricing.
Changes in demand from key Canadian industries using these materials.
Technological innovations or substitutes that could reduce dependence on imports.