The forecasted import values of Polymers of Vinyl Chloride and Halogenated Olefins to Canada demonstrate a consistent upward trend from 2024 to 2028. In 2023, the imports stood at 11.095 million US Dollars. Year-on-year variations show a steady increase, with a 2.34% rise in 2024, a 2.35% rise in 2025, a 2.24% rise in 2026, a 2.15% rise in 2027, and a 2.06% rise in 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 2.23%.
Future trends to watch for:
- Monitor any significant fluctuations in raw material costs, which may impact import values.
- Keep an eye on trade policies and agreements that could either facilitate or hinder import processes.
- Observe technological advancements that may boost or reduce the demand for these polymers.
- Watch for shifts in global market dynamics, particularly involving major suppliers of these polymers.