In 2023, the import of Technically Specified Natural Rubber (TSNR) to the US stood at approximately 830 million kilograms. Forecasts indicate a steady annual increase from 2024 to 2028, with values rising from 833.49 to 845.22 million kilograms. This represents a modest year-on-year growth rate, averaging around 0.7% per annum during the period. Over the five-year forecast horizon, the compound annual growth rate (CAGR) is indicative of continued, albeit slow, growth in TSNR imports.
Future trends to monitor include technological advancements in synthetic rubber alternatives, potential changes in trade policies, and the impact of environmental regulations on natural rubber production. Such factors could influence both the demand and supply dynamics of TSNR imports to the US.
