Key Market Indicators
Swiss Synthetic Rubber Imports are projected to decline to approximately $59 million by 2028, down from $61 million in 2023, marking a 0.3% average annual decrease. Since 1993, the demand for synthetic rubber in Switzerland has consistently decreased by an average of 2.6% per year. On the export front, Swiss Synthetic Rubber Exports are expected to plummet to around $651,000 by 2028, a significant drop from $1.6 million in 2023. This represents a sharp annual decline of 14.2% on average. Over the past three decades, Swiss supply has dwindled at an average rate of 7.2% per year. In 2023, Switzerland ranked 44th in synthetic rubber exports, with Lithuania surpassing it with exports worth $1.6 million. Leading the global rankings were Thailand, the United States, and Japan, occupying the second, third, and fourth positions, respectively.
