In 2023, the re-import value of textile fabric impregnated, coated, covered, or laminated with plastics to Canada stood at $115. As we analyze the forecast from 2024 to 2028, a consistent declining trend is evident with values dropping from $108.2K to $78.52K, indicating decreasing demand or market changes. The year-on-year percentage variation shows a steady decrease: -7.08% in 2025, -7.45% in 2026, -7.90% in 2027, and -8.40% in 2028. This results in a five-year CAGR of approximately -7.71%, reflecting a challenging outlook for this sector.

Future trends to watch for include:

Shifts in global demand for coated textiles driven by sustainability and new materials.
Potential policy changes affecting trade and imports.
Canada's domestic textile innovation potentially affecting re-importation needs.