Since 2013, the import of synthetic rubber to Poland has exhibited fluctuating trends. From 2013 to 2016, there was a noticeable decline, with the most significant drop of 20.81% in 2015. However, the market seemed to rebound in 2017 with an increase of 28.96%. The subsequent years showed mixed results; notable dips in 2019 and 2020, but recovery started in 2021 with a 17.05% rise and sustained an upward trend through 2023 with a modest increase of 2.08%, standing at 671.93 million USD in 2023.
The average annual growth (CAGR) over the last five years indicates a moderate increase of 1.03%. Future forecasts predict a consistent yet steady increase, culminating in an expected value of 741.51 million USD by 2028, reflecting a forecasted 5-year CAGR of 1.61% and an overall 8.3% growth over this period.
Future trends to watch for:
- Technological advancements in synthetic rubber production and usage.
- Shifts in trade policies and international relations affecting import dynamics.
- Economic conditions and industrial demand in related sectors such as automotive and manufacturing.
