In 2023, the re-import value of alkyd resins to Canada was estimated at a certain thousand US dollars. Forecasts indicate a declining trend from 2024 to 2028, with values decreasing from 85.08 thousand USD in 2024 to 67.8 thousand USD by 2028. This represents a year-on-year decrease of approximately 5% on average, with a compound annual growth rate (CAGR) over the five-year forecast period reflecting a steady decline.
Future trends to watch include changes in regulatory policies impacting trade, advancements in resin technology, and shifts in domestic manufacturing capabilities which could affect import reliance. Additionally, global supply chain disruptions and economic conditions could further influence the forecasted decline.
