The synthetic rubber market in the Czech Republic increased from 151.7 million kilograms in 2013 to 220.15 million kilograms in 2023. Between 2021 and 2023, year-on-year growth was modest, peaking at 3.04% in 2021 and decelerating to 2.79% in 2023. From 2018 to 2023, the compound annual growth rate (CAGR) was 2.26%, showing a slowing growth trend compared to earlier periods.
Future trends to watch for include the impact of technological advancements and environmental regulations on production processes. Additionally, fluctuations in global demand could influence market dynamics and foreign trade policies may affect raw material availability and pricing.
How does the Czech Republic rank in Synthetic Rubber Market Size Volume?
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 869,850,000 | 2023 | +2.31% | -0.22% | View data |
| 2 | 2 Italy | 607,010,000 | 2023 | -0.29% | -0.27% | View data |
| 3 | 3 France | 554,360,000 | 2023 | -0.78% | -0.22% | View data |
| 4 | 4 Czech Republic | 220,150,000 | 2023 | +2.79% | +2.26% | |
| 5 | 5 Spain | 205,200,000 | 2023 | +0.44% | -2.22% | View data |
| 6 | 6 Finland | 165,040,000 | 2023 | -0.77% | -2.98% | View data |
