In 2024, imports of fibreboard to Saint Pierre and Miquelon are forecasted to begin at 100 cubic meters. There is an expected slight increase in import volumes from 2024 to 2028, growing from 100 to 104 cubic meters. Compared to the previous year, which ended at an actual volume of 98 cubic meters in 2023, this represents a gradual year-on-year growth. The annual growth rate is modest, leading to a slightly positive trend with a Compound Annual Growth Rate (CAGR) of around 0.99% over the five-year forecast period.
Future trends to watch for:
- Economic changes in Saint Pierre and Miquelon impacting construction and manufacturing sectors which might affect fibreboard demand.
- Developments in global trade policies influencing import tariffs or costs.
- Environmental regulations impacting the production or preference for fibreboard materials.
- Technological advancements that enhance fibreboard efficiency or alternative products emerging in the market.