The import forecast for Coir Yarn to Canada shows a consistent upward trend from 2024 to 2028, beginning at 185.89 thousand kilograms and reaching 221.78 thousand kilograms. This trajectory marks a steady year-on-year increase of approximately 5%, with a compound annual growth rate (CAGR) of 4.5% over these five years. As per available data, prior to 2024, actual figures showed a moderate annual growth, indicating a solidified demand base for Coir Yarn imports in Canada leading into this period. However, attention to trends over the next few years is crucial for successful market positioning.

Future trends to watch for:

Potential impact of international trade agreements changing tariffs or regulations.
Shifts in domestic production capacity affecting import dependency.
Evolution in consumer preferences towards sustainable, biodegradable materials.
Technological advances in Coir Yarn applications enhancing market appeal.