Key Market Indicators
Iran's synthetic rubber exports are projected to climb to $77 million by 2028, rising from approximately $67 million in 2023. This marks an annual growth rate of 2.2%. The country's export supply has seen a steady increase of 3.2% per year since 2002. On the import front, Iran's synthetic rubber imports are expected to decline to around $67 million by 2028, down from $74 million in 2023. This represents an annual decrease of 1.5%. The country's demand for synthetic rubber has been on a downward trend, falling by 1.8% annually since 2002.
