Forecast: Import of Ethylene-Vinyl Acetate Copolymers to Canada

The import of Ethylene-Vinyl Acetate Copolymers to Canada stood at 35.771 million USD in 2023. The forecasted data from 2024 to 2028 shows a minor decline year-on-year: -0.11% from 2024 to 2025, -0.10% from 2025 to 2026, -0.10% from 2026 to 2027, and -0.10% from 2027 to 2028. Over the last two years, the imports experienced a gradual reduction, indicating slight market contraction. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is roughly -0.13%, illustrating a consistent small decline.

Future trends to watch for:

  • Potential shifts in global and local economic conditions affecting industrial demand.
  • Technological advancements that may impact the usage of Ethylene-Vinyl Acetate Copolymers in various applications.
  • Changes in trade policies or import tariffs that could influence the cost and volume of imports.
  • Environmental regulations and sustainability initiatives that might affect production and demand.