Key Market Indicators
Bosnia's synthetic rubber export is projected to reach approximately $66,300 by 2028, up from about $59,300 in 2023. This marks an average annual growth rate of 1.9%. However, the country's supply has seen a significant decline of 10.9% annually since 2008. In the global ranking for 2023, Bosnia placed 66th, with Senegal surpassing it at $59,300. Thailand, the United States, and Japan secured the 2nd, 3rd, and 4th spots, respectively. On the import front, Bosnia's synthetic rubber demand is expected to climb to nearly $3 million by 2028, from around $2.5 million in 2023. This represents a compound annual growth rate (CAGR) of 2.8%. Since 2008, Bosnian demand for synthetic rubber has increased by 3.8% annually.
