The import of Styrene-Butadiene Rubber (SBR/XSBR) Latex to Canada has exhibited a fluctuating trend from 2013 to 2023, with values generally declining. The year-on-year variation saw significant dips and occasional increases. In 2023, the import value stood at 44.423 million USD. The last two years showed a minor decline of 1.98% in 2023, after a 3.18% increase in 2022. Over the last five years, the CAGR was -4.73%.

Future trends to watch for:

The forecast suggests a continuation of the declining trend, with an expected CAGR of -1.76% over the next five years.
Emerging markets and innovations in synthetic rubber could influence future demand.
Trade policies and environmental regulations could affect import volumes and values.