The import value of Polymers of Propylene and Olefins into Canada exhibited fluctuations from 2013 to 2023, reaching $53.613 million in 2023. Notable yearly changes include a significant decline of 16.16% in 2015 and a subsequent steady decrease until 2020. The period between 2020 to 2023 shows moderate recovery with an average annual increase of 1.26%. The forecast from 2024 to 2028 indicates a stable growth with a minimal average variation of 0.16% per year.
Future trends to watch for:
- Technological advancements in polymer production.
- Changes in trade policies impacting import dynamics.
- Global supply chain developments and their effects on raw material availability and prices.