The import of carded or combed silk waste to Canada presents a downward trend from 2024 to 2028, with values decreasing from 1.48 to 0.3559 thousand kilograms. As of 2023, imports stood higher, accentuating the stark decline in forecasted years. Year-on-year variation shows a decline of 19.59% from 2024 to 2025, 23.9% from 2025 to 2026, 30.67% from 2026 to 2027, and 43.37% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period indicates an average annual decrease of approximately 27.1%.
Future trends to watch for include potential shifts in demand for silk substitutes, global economic conditions, and changes in domestic textile manufacturing policies which could impact the import levels of silk waste in Canada.
