The import of flax yarn multiple (folded) or cabled to Canada shows a declining trend in the forecasted period from 2024 to 2028, with values decreasing from 92.45 thousand USD to 76.4 thousand USD. Without data from 2023, it's difficult to note the specific growth rate or changes leading into 2024. However, the consistent year-on-year decrease highlights a potential shift in demand or sourcing strategies. The compound annual growth rate (CAGR) suggests a steady reduction in import value, which may indicate evolving market conditions or competitive pressures from alternative materials.

Future trends to watch for:

Adoption of sustainable or alternative materials that might impact flax yarn demand.
Changes in trade policies or tariffs affecting import flows.
Emergence of local production capabilities reducing dependency on imports.