The re-import of woven fabrics of silk or silk waste to Canada was valued at 2.13 thousand US dollars in 2024. Forecasts anticipate a consistent downward trend through 2028, with values decreasing to 1.01 thousand US dollars, reflecting a significant negative compound annual growth rate (CAGR) over this period. This decline suggests a probable decrease in demand or shifts in supply chain dynamics impacting re-import volumes.
Future trends to watch for include:
- Changes in global silk production or pricing, affecting the cost-efficiency of re-imports.
- Alterations in consumer preferences towards sustainable or alternative materials.
- Trade policy adjustments influencing import regulations or tariffs on silk products.