Key Market Indicators
**Dutch Synthetic Rubber Export Faces Significant Decline** The Netherlands is projected to see its synthetic rubber export value drop to approximately $161 million by 2028, down from around $221 million in 2023. This marks an average annual decline of 5%. Historical data reveals that since 1997, Dutch supply has consistently decreased by nearly 5% each year. As of 2023, the Netherlands ranks 17th globally in synthetic rubber exports, recently being overtaken by Spain, which recorded an identical export value of $221 million. Leading the global rankings are Thailand, the United States, and Japan, occupying the second, third, and fourth positions, respectively. **Import Figures Show Modest Growth** In contrast, Dutch synthetic rubber imports are on a modest upward trajectory. By 2028, imports are anticipated to reach approximately $466 million, up from $449 million in 2023, reflecting an average annual growth rate of 0.7%. Despite this growth, the long-term trend since 1997 shows a slight decline in Dutch demand, averaging a 0.4% decrease per year.