Key Market Indicators
The export of synthetic rubber from Tunisia is projected to decline over the next few years. By 2028, the country's synthetic rubber export is expected to drop to approximately $465,000 from around $478,000 in 2023, reflecting an annual compound growth rate (CAGR) of -0.4%. This continues a trend observed since 2001, where the Tunisian supply has decreased by 0.5% annually. On the import side, Tunisia's synthetic rubber demand is also on a downward trajectory. Imports are forecasted to fall to nearly $5.7 million by 2028, down from about $7.3 million in 2023. This represents an average annual decline of 3.8%. The country's synthetic rubber demand has been decreasing at this rate since 1996.
