The import of Isobutene-Isoprene (Butyl) Rubber (IIR) to Germany displayed a steady upward trend in the forecasted data from 2024 to 2028. As of 2023, the data stood at 10.657 million kilograms. Projections indicate a gradual annual increase, reaching 10.781 million kilograms by 2028.
Year-on-year percentage variations:
- 2024 vs 2023: 0.23% increase
- 2025 vs 2024: 0.23% increase
- 2026 vs 2025: 0.23% increase
- 2027 vs 2026: 0.23% increase
- 2028 vs 2027: 0.22% increase
Over the five-year period, the compound annual growth rate (CAGR) is projected to be approximately 0.23%, highlighting a consistent and modest growth in imports.
Future trends to watch:
- The post-pandemic recovery of the automotive and manufacturing industries, potentially driving increased demand for IIR.
- Technological advancements in synthetic rubber production may impact traditional supply chains.
- Environmental regulations and sustainability trends could influence import patterns and preferences for alternative materials.