In 2023, the opening inventories of pulp mills in Canada were below the projected figures for 2024, reflecting a rising trend. The forecast data from 2024 to 2028 shows a consistent year-on-year increase: 2.48% from 2024 to 2025, 2.40% from 2025 to 2026, 2.32% from 2026 to 2027, and 2.23% from 2027 to 2028. The compound annual growth rate (CAGR) for this period is estimated at 2.36%, indicating steady growth over five years.
Future trends to watch for include potential fluctuations due to market demand, changes in global trade policies, and technological advancements in pulp production that may impact inventory levels.
