The data reveals a general decline in the export of dry natural rubber from Malaysia to the US over the past decade. In 2023, the volume stood at 17.6 thousand metric tons, with a notable 3.57% year-on-year decrease from 2022. Analyzing the last two years, the volume remained relatively stable with a subtle downward trend. Over the past five years, the CAGR of -4.15% highlights a gradual but steady decline. Forecasting into the future, the data predicts an accelerated contraction, with a 5-year forecasted CAGR of -9.51%, projecting the volume to decrease by 39.34% by 2028.
Future trends to watch for include potential shifts in global demand due to technological advancements in synthetic alternatives, changes in trade policies, and the economic impacts of sustainability initiatives. Monitoring these factors will be crucial for anticipating market shifts and making informed business decisions.
