Key Market Indicators
Bahrain's synthetic rubber imports are projected to reach approximately $2.5 million by 2028, rising from around $2.2 million in 2023. This marks an average annual growth rate of 2.1%. Since 2005, the nation's demand for synthetic rubber has surged by an average of 4.2% per year. On the export front, Bahrain's synthetic rubber exports are forecasted to hit roughly $212,000 by 2028, up from about $178,000 in 2023. This represents a compound annual growth rate (CAGR) of 2.9%. Since 2008, the country's supply has increased by 5% annually. In 2023, Bahrain ranked 59th in synthetic rubber exports, with Uruguay just ahead at the same export value of $178,000. Leading the global rankings were Thailand, the United States, and Japan, occupying the second, third, and fourth spots, respectively.
