New Zealand Synthetic Rubber Industry Outlook 2021

Key Market Indicators

New Zealand’s exports of Synthetic Rubber decreased 4.4%, from $99,650 in 2020 to $95,270 in 2021. This represents an 18.7% decline since 1994. New Zealand was ranked 73rd in the world for Synthetic Rubber exports, with Guatemala coming ahead in 72nd place. Thailand, the United States and Japan followed in 2nd, 3rd and 4th place respectively. Imports of Synthetic Rubber to New Zealand are forecasted to decline by 0.6% annually, from $20,549,000 in 2021 to $20,173,000 by 2026. This is a 0.5% increase since 1994. New Zealand was ranked 54th in the world for Synthetic Rubber imports, with Uruguay ahead in 53rd place. The United States, Germany and Malaysia followed in 2nd, 3rd and 4th place respectively.

New Zealand Synthetic Rubber Market Data and Forecasts

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