Forecast: Import of Reclaimed Rubber in Primary Forms or in Sheets to India

In 2023, India imported an estimated quantity of reclaimed rubber amounting to 741.50 thousand kilograms. The forecasted data shows a steady decline over the next five years, reaching 711.85 thousand kilograms by 2028. The year-on-year variation indicates a consistent reduction, with 2025 seeing a decrease of approximately 0.82% compared to 2024, continuing to a 2026 downturn of 0.81%, 2027 with 0.8%, and 2028 slightly reducing by 0.79%. The Compound Annual Growth Rate (CAGR) underscores a downward trend of roughly -0.8% from 2024 to 2028.

Future trends to watch for include:

  • Potential advancements in sustainable rubber production within India that may bolster domestic supply and reduce reliance on imports.
  • Policy changes surrounding environmental impact and import regulations could affect import volumes significantly.
  • Technological innovations in the manufacturing sector that might enhance rubber recycling processes.

Top Countries about Rubber Recycling