Forecast: Import of Natural Rubber in Smoked Sheets to Germany

In 2023, Germany's import of natural rubber in smoked sheets was valued at approximately 33.5 million USD. Forecast data for 2024 to 2028 shows a continuous decline from 30.888 million USD in 2024 to 20.934 million USD in 2028. The year-on-year percentage variation highlights a consistent decrease, depicting a declining demand or possible market shifts.

  • 2024: -7.8%
  • 2025: -8.3%
  • 2026: -8.9%
  • 2027: -9.5%
  • 2028: -10.3%

The compounded annual growth rate (CAGR) from 2024 to 2028 is forecasted to be approximately -8.49%. This indicates a persistent downward trajectory.

Future trends to watch include potential changes in manufacturing processes, shifts in alternative materials, and policy changes affecting imports. Monitoring global market conditions and sustainability measures will be crucial in understanding their impact on future import values.

Top Countries about Natural Rubber