Key Market Indicators
Greek exports of synthetic rubber are projected to reach approximately $1.8 million by 2028, up from around $1.5 million in 2023. This represents an average annual growth rate of 3.3%. Notably, since 1993, Greek supply has increased by an average of 15.1% each year. In the global rankings for 2023, Greece held the 45th position, with Switzerland leading at about $1.5 million. Thailand, the United States, and Japan occupied the second, third, and fourth spots, respectively. On the import side, Greece's synthetic rubber imports are expected to decrease significantly. By 2028, imports are forecasted to drop to roughly $12.3 million from $17.6 million in 2023, marking an average annual decline of 5.5%. Since 1993, Greek demand for synthetic rubber has fallen by an average of 4.7% per year.
