As of 2024, Canada is forecasted to import 386.19 million kilograms of polyethylene with a specific gravity of 0.94 or more. Compared to 2023, this represents an estimated increase in imports. From 2024 to 2028, forecasts indicate a steady growth, with imports projected to reach 407.5 million kilograms by 2028. The year-on-year growth rate suggests an average increase, with a CAGR illustrating consistent progression over the five-year period.
Future trends to watch include:
- Potential shifts in Canada's industrial policies affecting polyethylene imports.
- Global market fluctuations impacting pricing and demand.
- Technological advancements in polyethylene production and import substitution.