Key Market Indicators
Emirati import and export of natural rubber is expected to fall in the coming years. According to a recent report, import of natural rubber is forecast to reach $822,000 by 2026, declining by an average of 21.3% year on year from 2021. Additionally, export is estimated to be $261,000 in 2021, a decrease of 34.9% compared to 2020. Since 2012, Emirati demand for natural rubber has been decreasing, with a total drop of 25.6% year on year. In 2021, the country was ranked 53rd in terms of import, with Saudi Arabia taking the lead at $3.1 million. The United States, Malaysia and Japan followed, coming in at numbers 2, 3 and 4 respectively. For export, Japan took the lead at $261,000 in 2021, with Indonesia, the Ivory Coast and Malaysia occupying the next spots. Emirati exports declined by 24% year on year since 2012. In 2021, the country was ranked 58th in the global rankings.
The United Arab Emirates Natural Rubber Market Data and Forecasts
How much will the United Arab Emirates Natural Rubber Market grow to 2026?
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