By 2023, India imported 4.8 million kilograms of mixtures of natural and synthetic rubbers. The forecast reflects a steady increase in imports, with values expected to grow from 5.032 million kilograms in 2024 to 5.815 million kilograms in 2028. The year-on-year growth rates from 2024 onwards reflect consistent advancement, showcasing India's expanding demand for these rubbers. Notably, the five-year compound annual growth rate (CAGR) suggests a stable increase in import volumes.
Future trends to observe include potential fluctuations in global rubber prices, changes in domestic manufacturing output affecting import needs, and shifts in trade policies that could impact India's import strategies for rubber mixtures.
