In 2023, the import value of hoopwood, split poles, pile, pickets, and stakes to Canada was at a level that has shown a significant forecasted decline. From 2024 to 2028, the forecasted imports are expected to decrease from $123.33K in 2024 to $41.69K in 2028, reflecting an overall downward trend. Year-on-year percentage declines between 2024 and 2028 illustrate a decreasing trajectory, with the Compound Annual Growth Rate (CAGR) averaging a negative value due to this consistent drop over the five-year forecast period.

Future trends to watch for:

Potential shifts in demand for these products driven by changes in the construction or agriculture sectors.
Impacts of environmental policies or trade agreements affecting import policies.
Technological advancements or substitutions that might influence material preference.