The forecast for the re-import of monofilaments and rods made from ethylene polymers to Canada shows a very gradual increase from 2024 through 2028, consistently rising from 5.65 to 5.68 thousand kilograms. This represents negligible growth year-on-year, both from 2024 to 2026 and in subsequent years, where the forecast remains largely flat. In 2023, imports stood slightly lower than projected figures for 2024, indicating slight projected upward momentum. However, due to the marginal changes, the compound annual growth rate (CAGR) effectively indicates stagnation over this five-year period.
Future trends to watch could include developments in domestic production capacities, advancements in recycling technologies, and shifts in demand for ethylene-based products. Changes in trade policies or tariffs related to polymer materials could also significantly impact future import volumes.
