In 2023, the import of isobutene-isoprene (butyl) rubber (IIR) to China stood at an actual value of $113 million USD. The forecast indicates a declining trend, with the value expected to decrease to $95.238 million by 2028. The year-on-year percentage changes are -3.31% for 2024, -3.32% for 2025, -3.40% for 2026, -3.48% for 2027, and -3.46% for 2028. The five-year compound annual growth rate (CAGR) reflects an average annual decrease of approximately -3.39%.
Future trends to watch for include potential shifts in China's industrial demand for butyl rubber, impacted by changes in the automotive and manufacturing sectors. Economic policies and international trade relations may also influence import volumes, as well as technological advancements that could alter production efficiencies.
