The forecast for the re-import of unsaturated polyesters to Canada indicates a decline from 2024 to 2028, starting at 642.67 thousand kilograms and decreasing to 534.41 thousand kilograms. If 2023 data showed actual figures higher than those forecasted for 2024, this suggests a consistent downward trend. Year-on-year percentage variations demonstrate a gradual decline, reflecting reduced demand or increased local production. The compound annual growth rate (CAGR) over the period 2024-2028 confirms this contraction at an average reduction rate annually.
Future trends to watch for include:
- Technological advancements in polyester production impacting re-import needs.
- Changes in trade policies affecting import dynamics.
- Environmental regulations influencing polymer usage.
- Domestic market shifts impacting demand for imported polyesters.
