Key Market Indicators
Colombia's import of natural rubber is forecast to drop by 1.3% annually on average and reach $23.4 million by 2026. In 2021, Colombia was the 35th largest importer with $25.3 million - Slovenia was ahead at $25.3 million. The US, Malaysia and Japan were the second, third and fourth top importers respectively. Meanwhile, the country's export of natural rubber is expected to rise 4.5% CAGR year-on-year, reaching $6.5 million by 2026. In 2021, Colombia ranked 29th, with Malawi ahead at $4.9 million. Indonesia, Ivory Coast and Malaysia were the second, third and fourth top exporters respectively. Since 1996, Colombian supply has grown 17.4% year-on-year.
Colombia Natural Rubber Market Data and Forecasts
How much will Colombia Natural Rubber Market grow to 2026?More in Natural Rubber Industry for 2027
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In the global industrial commodities landscape, the natural rubber sector maintains a substantial position, driven primarily by its use in the automobile industry. Environmental factors, price volatility and shifts in producer-consumer dynamics remain critical influencers. Despite market disruptions, notably China's economic slowdown and trade tensions, the sector shows resilience.Read more
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The global market is witnessing an upswing in the demand for natural rubber, attributed significantly to the rise in the automobile industry and the industrial sector. This key material ensures superior quality and performance in a wide range of applications. However, market fluctuations due to unpredictable weather conditions and governmental...Read more