In 2023, the re-import value of carpets of felt of textile materials having a minimum surface area of 0.3 m2 to Canada stood at approximately 4.28 thousand US dollars. Forecast data suggests a declining trend, with the value expected to decrease each year through 2028. Specifically, the year-on-year variance shows a steady decline beginning with -4.63% in 2024 to an expected -5.39% by 2028. The compounded annual growth rate (CAGR) over five years indicates an average annual reduction of about -4.60%.

Future trends to watch for include:

Potential changes in carpet sourcing policies to stimulate domestic production.
Shifts in consumer preferences towards sustainable and locally-produced materials.
Global economic factors, including trade agreements and tariff changes, which may impact re-import levels.