The import of unbleached kraft paper and paperboard weighing 150 g/m2 or less to Canada is expected to experience a gradual decline from 2024 to 2028. Starting at 59.624 million USD in 2024, the value decreases marginally each year, reaching 58.758 million USD in 2028. Comparing with 2023 data, the forecasted figures show a steady year-on-year reduction, indicating an emerging trend of decreasing demand or potentially increasing local production. Year-over-year percentages remain negative, and the compound annual growth rate (CAGR) over the five years reflects this declining pattern.
Future trends to watch for include shifts in global supply chains, changes in environmental regulations, and technological advancements in packaging materials. Paying attention to sustainability trends and the increasing focus on recycling can significantly impact the import dynamics of kraft paper in Canada.
