In 2024, the forecast for the re-import of yarn of artificial staple fibres to Canada is established at $812.62 USD. The market is expected to grow year-on-year, with values predicted to rise to $851.95 in 2025, $890.49 in 2026, $928.27 in 2027, and $965.28 in 2028. Analyzing the trends from 2023, where the value stood definitively lower, this shows consistent growth in import value, reflecting an expanding demand or a shift in market dynamics.
Future trends to watch for include:
- Changes in global trade policies impacting re-import tariffs or costs.
- Technological advancements in the manufacturing process of artificial staple fibres.
- Shifts in consumer demand, potentially influenced by sustainability trends or alternative fibre options.