Key Market Indicators
Slovakia's synthetic rubber export is projected to reach approximately $10 million by 2028, up from nearly $9.75 million in 2023. This represents an average annual growth rate of 0.5%. Since 1999, the country's synthetic rubber supply has increased modestly by 0.1% each year. In 2023, Slovakia ranked 33rd globally in synthetic rubber exports, with South Africa surpassing it at the same export value of $9.75 million. Leading the rankings were Thailand, the United States, and Japan, occupying the second, third, and fourth positions respectively. On the import side, Slovakia's synthetic rubber imports are expected to rise to approximately $223 million by 2028, up from nearly $200 million in 2023. This marks an annual growth rate of 1.8%. Since 1999, Slovakia's demand for synthetic rubber has seen a more robust increase, growing at an annual rate of 2.1%.
