Key Market Indicators
Ivorian Synthetic Rubber Import is projected to decline slightly to $704,000 by 2028, down from approximately $721,000 in 2023. This marks an average annual decrease of 0.3%. Notably, since 2000, the country's demand for synthetic rubber has experienced a modest annual growth rate of 0.7%. In contrast, Ivorian Synthetic Rubber Export is on an upward trajectory, expected to reach nearly $436,000 by 2028, up from about $369,000 in 2023. This signifies an average annual growth rate of 2.7%. Since 2000, Ivorian supply has surged significantly with an annual growth rate of 7.5%. In 2023, Côte d'Ivoire held the 54th position in global synthetic rubber exports, with Costa Rica surpassing it at the same export value of $369,000. Leading the rankings are Thailand, the United States, and Japan, occupying the second, third, and fourth spots respectively.
