Key Market Indicators
New Zealand's imports and exports of natural rubber are set to change dramatically by 2026. In 2021, imports were worth $2.1 million, falling at an average rate of 22.3% year on year. This placed New Zealand in 59th place compared to Algeria, the leader in this ranking. The United States, Malaysia and Japan followed in second, third and fourth place respectively. Exports are expected to reach $33,130 by 2026, a 5.1% decrease from the 2021 figure of $45,000. Since 1994, exports have increased 61.8% year on year. Tanzania was the leader in 2021, with New Zealand in 70th place. Indonesia, Ivory Coast and Malaysia followed in second, third and fourth place.
New Zealand Natural Rubber Market Data and Forecasts
How much will New Zealand 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
The nitrile butadiene rubber (NBR) market forms a critical part of the larger chemical industry. Manufactured from acrylonitrile and butadiene, NBR is a type of synthetic rubber widely known for its excellent resistance to oils, fuels, and other chemicals. It holds an indispensable role across multiple sectors including the automotive,...Read more
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