The forecast for the import of non-plasticised polyvinyl chloride to Canada shows a decreasing trend from 2024 to 2028, starting at 26.857 million USD in 2024 and declining to 14.526 million USD in 2028. Year-on-year reductions are approximately 11.9% in 2025, 13.2% in 2026, 14.8% in 2027, and 17.1% in 2028, representative of a consistent downward trend due to factors such as shifts in domestic production and demand or changes in supply chain dynamics. The compound annual growth rate (CAGR) over this five-year period reflects a negative average annual variation.
Future trends to watch for include:
- Changes in global market dynamics affecting supply chains
- Advancements in domestic production capabilities
- Environmental policies impacting material importation
- Fluctuations in demand influenced by technological innovations and industry-specific growth