Key Market Indicators
Portugal is set to see a slight drop in their Natural Rubber imports in the coming years. In 2021, the country imported $56 million worth of natural rubber, a 0.4% decrease from the year prior. Since 1993, imports have increased by 6.1% on average each year. Argentina topped the rankings, followed by the United States, Malaysia, and Japan. Exports of natural rubber from Portugal are set to reach $1.6 million by 2026. This is a 2.6% year-on-year increase from 2021's $1.4 million. Since 1993, Portuguese supply has increased by 41% year-on-year. Portugal placed 42nd in the rankings for 2021, with Serbia ahead of them at $1.4 million. Indonesia, Ivory Coast, and Malaysia were the top 3 exporters.
Portugal Natural Rubber Market Data and Forecasts
How much will Portugal Natural Rubber Market grow to 2026?
More in Natural Rubber Industry for 2027Improve your Knowledge with the latest Indicators and Trends
-
Natural Rubber Sector: Astute Evaluation of Trends, Opportunities, and Market Dynamics
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 -
Chemical Industry: Unraveling the Dynamic Nitrile Butadiene Rubber (NBR) Market Landscape
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 -
Natural Rubber: Spotting Unseen Opportunities across Report Variations
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