The import of paraformaldehyde to Canada is projected to decrease steadily from 2024 to 2028, moving from an expected volume of 1.0357 million kilograms in 2024 to 0.79222 million kilograms by 2028. This marks a clear downward trend, with the year-on-year decline averaging around 5-6%. As of 2023, the imports stood higher than the forecasted 2024 figures, indicating the beginning of a reduction trend.

Future trends to watch for include:

Potential shifts in demand due to regulatory changes affecting paraformaldehyde usage.
Emerging alternative materials that could further erode traditional demand.
Geopolitical considerations that may impact trade and import practices.