The forecast for the import of Polymers of Vinyl Chloride to Canada shows a steady increase from 2024 to 2028, starting at $618.3 million in 2024 and rising to $632.28 million by 2028. This upward trend indicates a consistent demand for these polymers. The year-on-year variation for each year shows a modest growth, with the values reflecting a steady but slight increase over the five-year period. In comparison, the growth from 2023 to 2024 marks the start of this steady trend.
Considering the average variation per year over the last five years, the Compound Annual Growth Rate (CAGR) suggests that the market is stable and growing at a consistent rate.
Future trends to watch for include potential shifts in global supply chains, advancements in polymer technology, and regulatory changes that could impact both the import volumes and values. Monitoring these factors will be critical for anticipating future market adjustments.