Key Market Indicators
Norway's import and export of natural rubber is expected to see a modest decline and increase, respectively, over the next five years. This year, the country ranked 74th in imports with $587,000, lower than Armenia, which topped the list at $587,000. The top four importers include the United States, Malaysia, and Japan. Norway's export of natural rubber is expected to grow 3.3% annually to $229,000 by 2026, up from $189,000 this year. Costa Rica ranked first in exports. Indonesia, Ivory Coast, and Malaysia were the other top three exporters. Since 1998, Norway's supply has seen a 25.3% year-on-year increase.
Norway Natural Rubber Market Data and Forecasts
How much will Norway Natural Rubber Market grow to 2026?More in Natural Rubber Industry for 2027
Improve your Knowledge with the latest Indicators and Trends
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