In 2023, the import of Natural Rubber Latex, including prevulcanised, to the US stood at 41.5 million kilograms. The forecasted data from 2024 to 2028 shows a consistent decline, with imports projected to decrease from 39.851 million kilograms in 2024 to 34.064 million kilograms in 2028. This data indicates a yearly downward trend in imports, with expected reductions each year leading to a compound annual growth rate (CAGR) of approximately -3.22% over the five-year forecast period.
Future trends to watch for include changes in global supply chain dynamics, potential shifts in domestic production capabilities, and any regulatory changes impacting import tariffs or policies on natural rubber latex. Additionally, sustainable alternatives may affect the demand for conventional natural rubber imports.
