In 2023, Canada's hardboard import volume stood at 48.5 thousand cubic meters. Forecasts indicate a gradual decline, with figures decreasing from 43.61 thousand cubic meters in 2024 to 22.68 thousand cubic meters in 2028. The year-on-year change reveals a consistent downward trend, averaging an annual contraction, most notably sharp in 2027 and 2028.
Future trends to watch for:
- Potential shifts in domestic hardboard production capabilities affecting import needs.
- Changes in housing and construction demands influencing imports.
- Trade policies or tariffs impacting Canada’s import strategies.