Key Market Indicators
Salvadoran synthetic rubber exports are projected to reach approximately $13,900 by 2028, up from around $13,100 in 2023. This marks an average annual growth rate of 1%. The country's supply has increased by 44% annually since 1999. In 2023, El Salvador ranked 73rd globally, with Tanzania slightly ahead at the same export value. Leading the rankings were Thailand, the United States, and Japan, occupying the second, third, and fourth positions respectively. On the import side, Salvadoran synthetic rubber imports are expected to decrease to about $1.42 million by 2028, down from nearly $1.53 million in 2023. This represents an average annual decline of 1.1%. Since 1999, Salvadoran demand for synthetic rubber has dropped by 4.3% per year.
