The import of Acrylonitrile-Butadiene Rubber (NBR), excluding latex, to Canada is projected to decrease from 1.787 million kilograms in 2024 to 1.327 million kilograms in 2028. This reflects an average annual drop of approximately 6.6% over the five-year period. Comparatively, actual figures for 2023 were higher, although specific values were not provided. Year-on-year declines highlight a consistent downturn each year, driven likely by changing market dynamics and demand shifts.
Future trends to watch include technological advancements in rubber alternatives, evolving trade policies, and potential shifts in Canadian manufacturing that could influence import volumes. Additionally, global economic factors may further impact these forecasts.
