The global import of natural rubber and gums is dominated by China, accounting for a significant portion of global trade, followed by the United States, Malaysia, and India. In 2023, variations in imports revealed that while China experienced steady growth (0.91%), traditional markets such as the United States and Japan saw declines by over 2% and 3%, respectively. Emerging markets like India and Russia showed strong growth with rates above 2% and 3%, respectively. Meanwhile, notable declines were observed in countries like Austria and Finland with decreases exceeding 16% and 13%.
Key trends to watch include the shift in import patterns with emerging markets showing momentum, indicating a potential redistribution of natural rubber sources. Additionally, geopolitical factors, environmental policies, and advancements in synthetic alternatives could reshape the landscape of natural rubber imports, influencing both demand and supply chains globally.
Top countries in Import of Natural Rubber and Gums by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 3,773,100,000 | 2023 | -0.64% | +0.91% | View data |
| 2 | 2 United States | 1,543,900,000 | 2023 | -2.47% | -2.23% | View data |
| 3 | 3 Malaysia | 1,434,000,000 | 2023 | +0.24% | +1.8% | View data |
| 4 | 4 India | 1,040,800,000 | 2023 | +3.16% | +2.51% | View data |
| 5 | 5 Japan | 943,880,000 | 2023 | -4.14% | -3.16% | View data |
| 6 | 6 South Korea | 483,780,000 | 2023 | -4.07% | -3.02% | View data |
| 7 | 7 Germany | 367,540,000 | 2023 | -6.38% | -5.02% | View data |
| 8 | 8 Brazil | 302,730,000 | 2023 | -3.09% | -2.48% | View data |
| 9 | 9 Spain | 272,020,000 | 2023 | -2.26% | -1.49% | View data |
| 10 | 10 Russia | 262,490,000 | 2023 | +3.07% | +3.81% | View data |
