The forecast for fibreboard imports to Canada from 2024 to 2028 shows a steady increase in volume. In 2023, the volume was 882.6 thousand cubic meters. From 2024, the year-on-year growth figures are: 1.5% for 2024, 1.4% for 2025, 1.4% for 2026, 1.4% for 2027, and 1.3% for 2028. The compound annual growth rate (CAGR) over these five years is approximately 1.4%.
Future trends to watch for include:
- Potential impact of environmental policies on raw material sourcing.
- Technological advancements in manufacturing impacting import needs.
- Fluctuating demand related to construction and housing market trends.
- Economic shifts influencing import costs and competitive market pricing.
