Forecast: Import of Technically Specified Natural Rubber (TSNR) to Japan

In 2023, the import value of Technically Specified Natural Rubber (TSNR) to Japan was recorded at approximately $805 million USD. From 2024 onwards, the forecasted data predicts a consistent decrease in the import value. Specifically, a -2.2% reduction is projected for 2025, a -2.2% dip in 2026, a -2.2% decline for 2027, and another -2.2% descent in 2028. The compound annual growth rate (CAGR) over the period from 2024 to 2028 is -2.2%, reflecting a steady decrease in Japan's import of TSNR during this time frame.

Future trends to watch for:

  • Impact of global sustainability initiatives on natural rubber demand.
  • Technological advancements in synthetic rubber alternatives.
  • Economic factors influencing Japan's rubber import strategy, particularly exchange rate fluctuations and trade agreements.

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