The import of Acrylonitrile-Butadiene Rubber (NBR) to the US is experiencing a steady increase from 2024 to 2028, with values rising incrementally each year from 162.16 million USD in 2024 to 169.5 million USD in 2028. As of 2023, the actual import value stood lower than these projections, indicating a positive growth trajectory.
Year-over-year, the import values show consistent growth, reflecting increased demand or higher prices, or both. The compound annual growth rate (CAGR) over the forecasted period from 2024 to 2028 suggests a moderate increase in imports per year.
Future trends to watch for:
- The impact of US domestic production capabilities on import needs.
- Changes in NBR prices due to raw material cost fluctuations.
- Trade policies affecting international trade relations and tariffs.