Key Market Indicators
The import of synthetic rubber in Ireland is projected to decline to approximately $4.7 million by 2028, down from around $7.4 million in 2023. This represents an average annual decrease of 7.4%. Historical data reveals that Irish demand for synthetic rubber has been falling at an annual rate of 6.2% since 1997. On the export front, Ireland's synthetic rubber exports were valued at about $115,000 in 2018, a steep drop from nearly $309,000 in 2017. This marks a significant decline of 62.7% year-on-year. Since 1997, the country's synthetic rubber supply has diminished at an average annual rate of 51.4%.
