The import of not carded or combed staple fibres of viscose rayon to Canada is projected to decline from $2.0779 million in 2024 to $0.94327 million by 2028. Compared to the actual value in 2023, this represents an average annual decrease of approximately 17.5% in terms of CAGR over the next five years.
Year-on-year analysis reveals a consistent downward trend: a 14.1% decrease in 2025, followed by a 16.0% drop in 2026, a 18.7% decrease in 2027, and a further 22.6% decline by 2028.
Future trends to watch for:
- Shifts in global demand for viscose rayon products might impact import volumes.
- Technological advancements in the textile industry could alter production and import patterns.
- Changes in trade policies and agreements could influence cost and accessibility of staple fibres imports.