The export of dry natural rubber from the US to India has demonstrated fluctuating trends over the past decade. In 2023, the value stood at $287,000. The year-on-year variation over the past two years showed an increase of 13.91% in 2022 and 9.54% in 2023. The 5-year CAGR leading up to 2023 was -7.29%, indicating a downward trend over that period.
Forecast data from 2024 onwards shows a gradual increase in the export value, with a projected 5-year CAGR of 1.59% and a total growth rate of 8.19% by 2028. This suggests slow but steady recovery. Future trends to watch include potential market demands, US-India trade relations, and the impact of global economic conditions and commodities prices on the trade flows.
