In 2023, the import value for veneer sheets and sheets for plywood of thickness not exceeding 6 mm to Canada stood at a notable baseline. From 2024 to 2028, a slight but consistent decline is evident in the forecast values, beginning at 129.1 million USD in 2024 and decreasing to 127.56 million USD by 2028. The year-on-year percentage decrease suggests minimal changes, indicating a relatively stable market environment with minor demand fluctuation. The compound annual growth rate (CAGR) implies a gentle contraction over these years.

Future trends to watch for:

Shifts in global plywood and veneer sheet production impacting supply.
Changes in Canadian construction and furniture industry demands which could alter import needs.
Economic factors such as exchange rates and trade policy affecting import costs and pricing strategies.