In 2023, the re-import of unbleached kraft paper and paperboard weighing 150 g/m2 or less to Canada stood at approximately 57.38 thousand USD. Forecasts indicate a steady decline from 2024 to 2028, starting at 48.85 thousand USD and decreasing annually to 18.51 thousand USD by 2028.
Year-on-year variations show a consistent reduction: 2024 to 2025 by 16.02%, 2025 to 2026 by 18.69%, 2026 to 2027 by 22.46%, and 2027 to 2028 by 28.44%. The compound annual growth rate (CAGR) over these five years is -18.76%, highlighting a shrinking demand or shift in sourcing strategies.
Future trends to watch for:
- Environmental regulations impacting the production and importation sector.
- Technological advances in paper recycling and alternative materials.
- Canada's economic policies and trade agreements affecting import figures.