The forecasted re-import value of petroleum resins, coumarone, indene, and polyterpenes to Canada is projected to increase from $45.98K in 2024 to $47.52K in 2028. Comparing year-on-year growth: 2025 (0.87%), 2026 (0.84%), 2027 (0.81%), and 2028 (0.78%), reflecting a slight slowing trend. In 2023, this figure was lower, positioning 2024 as a recovery phase. The 5-year CAGR shows an annual growth of approximately 0.85%.
Future trends to watch include:
- Global supply chain dynamics impacting re-importation costs.
- Technological advancements affecting product demand.
- Trade policy changes possibly impacting import regulations.