The forecast for the re-import of reclaimed rubber in primary forms or in sheets to Canada shows a steady growth from 51.08 thousand kilograms in 2024 to 63.11 thousand kilograms by 2028. This indicates a consistent upward trend in re-import volumes. From 2023 to 2024, the year-on-year growth begins and maintains approximately 6% through the following years. Analyzing the compound annual growth rate (CAGR) over this five-year period suggests an average annual increase of around 5.3%.
Looking ahead, the trends to monitor include advancements in recycling technologies that could influence the supply chain dynamics and potential policy changes that may impact import regulations and demand patterns. Further attention is needed on global market trends affecting rubber reclamation and Canada's industrial demand for sustainable materials.
