Key Market Indicators
Kazakhstan's synthetic rubber import is projected to decline to approximately $2.7 million by 2028, down from about $3.5 million in 2023. This represents an annual decrease of 3.9%. Since 2006, the country's demand for synthetic rubber has dropped by 4.9% each year. On the export front, Kazakhstan's synthetic rubber shipments are expected to increase to around $322,000 by 2028, up from $271,000 in 2023. This marks an average annual growth rate of 2.8%. Despite this growth, the nation's supply has seen a yearly decline of 2% since 2009. In 2023, Kazakhstan ranked 57th in synthetic rubber exports, with Peru slightly ahead at $271,000. Leading the global ranking were Thailand, the United States, and Japan in the second, third, and fourth positions, respectively.
