The import of Technically Specified Natural Rubber (TSNR) to China shows a steady increase from 2024 to 2028, rising from 1.8359 to 1.9526 billion kilograms. In 2023, the actual import volume was lower, marking the beginning of this forecasted upward trend.
Year-on-year growth is gradual, with the percentage increase ranging narrowly as the imports grow from one year to the next. The compound annual growth rate (CAGR) from 2024 to 2028 demonstrates a consistent upward trajectory.
Future trends to watch for:
- Global demand shifts driven by changes in the automotive and manufacturing industries.
- Impact of China's economic policies and rubber industry developments on import volumes.
