Key Market Indicators
Oman's natural rubber imports are predicted to reach $1.6 million by 2026, growing at a rate of 3% year-on-year from 2021's $1.3 million. Since 1997, demand for the product has grown 42.8% on average each year. In 2021, Oman was ranked 66th, with Laos ahead of them at $1.3 million. The US, Malaysia and Japan followed in second, third and fourth place, respectively. Exports of Omani natural rubber are expected to reach $32,350 by 2026, growing at a rate of 1% year-on-year from 2021's $30,420. Since 2014, the country's supply has decreased 8.4% on average each year. In 2021, Oman was ranked 73rd, with Tunisia ahead of them at $30,420. Indonesia, Ivory Coast and Malaysia followed in second, third and fourth place, respectively.