Key Market Indicators
Dane Synthetic Rubber Export is projected to hit approximately $13.5 million by 2028, up from about $11.7 million in 2023. This represents an average annual growth of 2.4%. Since 1994, the country's supply has increased by an average of 2.5% each year. In 2023, Denmark ranked 30th in synthetic rubber exports, with Austria surpassing it at the same value of $11.7 million. Leading the global rankings were Thailand, the United States, and Japan, taking the second, third, and fourth spots respectively. On the import side, Dane Synthetic Rubber Import is expected to decrease to around $32.2 million by 2028 from $33.6 million in 2023, marking an average annual decline of 0.6%. Since 1994, the demand for synthetic rubber in Denmark has dropped by an average of 4.2% per year.
