The import of tyre cord fabric of high tenacity viscose rayon yarn to Canada is forecasted to decline over the five-year period from 2024 to 2028. The year-on-year variation shows consistent decreases: approximately 6.77% from 2024 to 2025, 7.11% from 2025 to 2026, 7.51% from 2026 to 2027, and 7.95% from 2027 to 2028. The compound annual growth rate (CAGR) over this period is negative, indicating an average annual decline in imports.
Future trends to watch for include changes in global supply chain dynamics, shifts in demand for eco-friendly materials, and potential trade policy adjustments that could impact the cost and availability of these imports.
