Key Market Indicators
Panama's exports of natural rubber are expected to reach $386.5 million by 2026, growing at an average rate of 2.8% year-on-year. Since 2011, the country's supplies have increased by 10.6% annually. In 2021, Panama ranked 55th, with Slovenia overtaking it at $327.25 million. Indonesia, Ivory Coast and Malaysia came in second, third and fourth respectively. Meanwhile, imports of natural rubber in Panama are projected to drop to $51.37 million by 2026, with a year-on-year compound annual growth rate of 18.6%. Since 2000, demand in the country has decreased by 5.1% annually. In 2021, Bolivia was ahead of Panama at $161.48 million, with the US, Malaysia and Japan taking the second, third and fourth spots.
