In 2023, Germany imported approximately 19.6 million kilograms of natural rubber in smoked sheets. Forecasted data indicates a steady decline from 18.5 million kilograms in 2024 to 14.39 million kilograms by 2028. The year-on-year variation shows a consistent negative trend, with the most notable decrease between 2024 and 2028, highlighting a compounded annual growth rate (CAGR) of -5.0% over these five years.
Future trends to watch for include:
- The impact of sustainable and alternative synthetic rubber developments potentially reducing natural rubber demand.
- Volatility in global trade and economy, possibly influencing Germany's import strategy.
- Environmental policies potentially affecting the agricultural production of natural rubber.