Based on the data provided, the export value of synthetic rubber from Sweden is forecasted to decline slightly each year from 2024 to 2028. The forecast values are $6.3638 million in 2024, decreasing to $5.912 million by 2028. In 2023, the actual export value stood at $6.502 million. Analyzing year-on-year variations, the expected decreases are approximately 1.83% in 2024, 1.83% in 2025, 1.82% in 2026, 1.81% in 2027, and 1.82% in 2028. The compound annual growth rate (CAGR) over this period indicates an average annual decline of about 1.82%.
Future trends to watch for include potential impacts of global economic conditions, technological advancements in synthetic rubber production, changes in trade policies, and shifts in market demand. These factors could influence the forecast and should be closely monitored.
