The import of high tenacity polyester yarn to Canada is projected to increase steadily from 2024 to 2028, with volumes rising from 24.259 million kilograms in 2024 to 26.463 million kilograms in 2028. This consistent annual growth of approximately 2% up to 24.827 million kilograms in 2025, 25.384 in 2026, 25.929 in 2027 and ultimately reaching 26.463 by 2028 reflects a stable upward trend. As of 2023, the actual import volume was positioned slightly lower than the forecasted 2024 volume.
In assessing future trends, it is essential to consider potential changes in demand driven by increased industrial applications, advancements in yarn technology, and shifts in trade policies or economic conditions affecting the textile industry. Monitoring these factors will offer insights into continued growth potential and any risks posed to the Canadian market.
