Forecast: Import of Rods, Profile Shapes of Vulcanised Non-Cellular Rubbe to the US

In 2023, the import of rods and profile shapes of vulcanised non-cellular rubber to the US stood at 5.0109 million kilograms. The forecast for 2024 indicates a decrease to 4.8933 million kilograms. This declining trend is expected to continue through 2028, with an average annual reduction of approximately 2.64%. The data from 2024 to 2028 reflects a consistently decreasing year-on-year trend, concluding at 4.4004 million kilograms by 2028. Overall, the compounded annual growth rate (CAGR) over this period is negative, emphasizing a persistent downtrend.

Future trends to monitor include:

  • Technological advancements in rubber manufacturing improving material efficiency.
  • Potential regulatory changes influencing import tariffs and environmental compliance.
  • Shifts in domestic production capacity possibly impacting import needs.

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