The import of Styrene-Butadiene Rubber (SBR/XSBR) to Australia recorded 19.785 Million Kilograms in 2023. Forecasts indicate a steady increase, reaching 21.056 Million Kilograms by 2028. Year-on-year variations show moderate growth: 2024 with 1.25%, 2025 with 1.32%, 2026 with 1.27%, 2027 with 1.23%, and 2028 with 1.18%. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 stands at approximately 1.24%.
Future trends to watch for include global shifts in raw material availability, changes in automotive and construction industries, and advancements in alternative synthetic rubbers impacting demand for SBR/XSBR imports.