Key Market Indicators
Estonian synthetic rubber exports are projected to hit approximately $5.6 million by 2028, growing from around $5 million in 2023. This marks an annual growth rate of 1.9%. However, since 2000, Estonia's synthetic rubber supply has experienced a slight annual decline of 0.1%. In 2023, Estonia ranked 39th in global synthetic rubber exports. Leading the list was Australia, with exports valued at about $5 million. Thailand, the United States, and Japan secured the second, third, and fourth spots, respectively. On the import side, Estonia's synthetic rubber imports are expected to reach roughly $10.4 million by 2028, up from approximately $9.4 million in 2023. This represents an annual growth rate of 1.6%. Since 2000, the country's demand for synthetic rubber has increased by an average of 1.9% per year.
