Bosnia and Herzegovina Natural Rubber Industry Outlook 2021

Key Market Indicators

Bosnian natural rubber exports decreased by 10.7 percent in 2021, dropping from $732.06 to $654. This marks a 6.5 percent decrease since 2009. Bosnia came in 85th place in the global ranking, with Swaziland slightly ahead at $654. Indonesia, Ivory Coast and Malaysia ranked 2nd, 3rd and 4th respectively. Bosnian natural rubber imports are forecast to hit $99,570 by 2026, down 3.9 percent year-on-year. Since 2008, imports have declined 3.6 percent annually. In 2021, Bosnia ranked 93rd, while Azerbaijan came in at $125,220. The United States, Malaysia and Japan took the 2nd, 3rd and 4th spots in the ranking.

Bosnia and Herzegovina Natural Rubber Market Data and Forecasts

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