The re-import volume of Acrylonitrile-Butadiene Rubber (NBR) to China is projected to decline significantly from 2024 to 2028. Starting at 120.54 thousand kilograms in 2024, the volume is expected to decrease each year, dropping to just 17.37 thousand kilograms by 2028. This represents a downturn from the 2023 re-import levels, although specific figures for 2023 are not provided.
Year-on-year, there is a pronounced decrease: from 2024 to 2025, projected imports fall by approximately 22%, from 2025 to 2026 another 28%, from 2026 to 2027 a further 38%, and a steep 59% from 2027 to 2028. The compound annual growth rate (CAGR) over the forecast period suggests a consistent and sharp reduction in re-imports.
Looking forward, several trends are critical to monitor:
- Possible shifts in global rubber markets, particularly those involving larger economies.
- Changes in China's industrial demand and production capabilities.
- Environmental policy impacts affecting manufacturing and import patterns.
