Key Market Indicators
**Italian Synthetic Rubber Export Projected to Hit $415 Million by 2028** Italy's synthetic rubber exports are projected to reach approximately $415 million by 2028, up from around $387 million in 2023. This growth represents an average annual increase of 1.2%. Since 1999, Italy's synthetic rubber supply has consistently grown at an average rate of 1.6% per year. In the global ranking of synthetic rubber exporters for 2023, Italy holds the 13th position, with Poland slightly ahead at $387 million. Leading the global market, Thailand, the United States, and Japan occupy the second, third, and fourth positions, respectively. **Italian Synthetic Rubber Imports to Climb to $693 Million by 2028** On the import front, Italy's synthetic rubber imports are expected to rise to roughly $693 million by 2028, up from $684 million in 2023. The annual growth rate for imports is estimated at 0.3%. However, since 1999, Italian demand for synthetic rubber has seen a slight annual decline of 0.3%.
