The forecast for re-import of sheet or film non-cellular and not reinforced of phenolic resins to Canada shows a declining trend from 2024 to 2028, with quantities reducing from 60.23 kg to 26.17 kg. This reflects a significant shift, given that in 2023, the imported quantity stood notably higher. Analyzing year-on-year, the volumes are projected to decrease substantially each year through this period, contributing to a five-year compounded annual growth rate (CAGR) that illustrates a definite downward trend.
Future trends to watch for include technological innovations in resin alternatives and changing regulations in importation policies, which could further influence the demand trajectories in Canada.
