The import of natural rubber latex to China is forecasted to grow steadily from 2024 to 2028, starting at 721.73 million kilograms in 2024 and reaching 826.04 million kilograms by 2028. The year-on-year growth rates are as follows: from 2024 to 2025, an increase of 3.73%; from 2025 to 2026, 3.51%; from 2026 to 2027, 3.33%; and from 2027 to 2028, 3.16%. The compound annual growth rate (CAGR) over the forecast period is approximately 3.42%.
Future trends to watch for include:
- Potential impacts of sustainability initiatives on rubber manufacturing.
- Shifts in China’s industrial and automotive sectors affecting demand.
- Market volatility due to geopolitical tensions or economic policies.