The import of polyurethanes to Canada stood at 227.64 million USD in 2023. The forecasted data indicates a steady increase, with values rising to 232.93 million USD in 2024, 238.48 million USD in 2025, 243.93 million USD in 2026, 249.26 million USD in 2027, and 254.49 million USD in 2028.
The year-on-year percentage variations are:
- 2024: 2.32%
- 2025: 2.38%
- 2026: 2.28%
- 2027: 2.18%
- 2028: 2.10%
Over the last two years, the import values have increased by an average of 2.09%, and the compound annual growth rate (CAGR) over the five years is approximately 2.25%.
Future trends to watch for include potential impacts from global supply chain disruptions, fluctuations in raw material prices, and increasing demand in industries such as automotive, construction, and consumer goods. Additionally, economic policies and trade agreements may play a crucial role in shaping the import trend of polyurethanes to Canada.
