Key Market Indicators
Belgium is expected to import $220 million worth of natural rubber by 2026, up from $205 million in 2021. Since 2004, Belgian demand has increased by an average of 6.4% annually. Italy was the biggest importer in 2021, followed by the US, Malaysia and Japan. Belgian natural rubber exports are forecast to reach $243 million by 2026, up 2% annually from $216 million in 2021. Since 2004, Belgian supply has been up 6.7% year-on-year. Malaysia was the biggest exporter in 2021, followed by Indonesia, Ivory Coast and Malaysia.
