In 2023, the import value of new pneumatic tyres of rubber for aircraft to Canada was approximately $27.5 million. The forecasted data indicates a steady year-on-year growth with anticipated imports increasing by around 2.6% annually between 2024 and 2028. Notably, the import value is expected to grow from $28.158 million in 2024 to $31.018 million by 2028. The compound annual growth rate (CAGR) over the forecast period is approximately 2.4%.

Future trends to watch for:

Potential impacts of the evolving global supply chain dynamics on tyre imports.
Technological advances in aircraft and tyre manufacturing influencing demand.
Environmental regulations potentially affecting import volumes and types of tyres.
Fluctuations in the aviation sector’s growth impacting overall import needs.