The forecast for Canada’s import of textured polyester yarn shows a steady increase from $80.37 million in 2024 to $85.858 million by 2028. In 2023, the import value was considerably lower, reflecting a positive trajectory into the future. The year-on-year growth highlights a consistent upward trend, with slight percentage increases projected annually. This suggests stable growth driven by sustained demand in Canada’s textile and apparel industry. The calculated Compound Annual Growth Rate (CAGR) over the five-year forecast period underscores this steady progression.
Future trends to watch include the global polyester market dynamics, trade policy changes, and shifts in domestic production capacity, which could impact import volumes and values.
