Key Market Indicators
Cambodia's synthetic rubber imports are projected to surge, reaching approximately $9.8 million by 2028. This marks a significant increase from the $7.9 million recorded in 2023, with an annual growth rate of 3.5%. The demand for synthetic rubber in Cambodia has been on a steady rise, climbing by 5.8% each year since 2005. In contrast, the country's synthetic rubber exports experienced a dramatic leap in 2016, soaring to $8,620 from just $3,250 in 2015. This represents a staggering 165% increase in just one year. However, long-term trends show a decline, with Cambodian synthetic rubber supply decreasing by an average of 46.4% annually since 2007.
