The import of plywood into Canada is forecasted to grow steadily from 2024 to 2028, starting at 266.59 million USD and reaching 293.86 million USD. The year-on-year growth alternates between 2.6% to 2.7%, showing a slow yet steady upward trend in this import category. The compound annual growth rate (CAGR) over this five-year period suggests a consistent increase averaging around 2.5% annually. However, data for 2023, the base year, is not provided, hence its impact cannot be gauged precisely.

Future trends to watch for:

Shifts in global trade policies affecting the cost and availability of non-coniferous plywood.
Increasing demand from the construction sector due to urban development in Canada.
Potential fluctuations in foreign exchange rates influencing import values.