The import of Acrylonitrile-Butadiene Rubber (NBR), Latex to Vietnam was last recorded at 40 million kilograms in 2023. The forecasted data indicates a steady growth in import volume from 2024 through 2028, with values projected to increase from 41.906 million kilograms in 2024 to 49.758 million kilograms by 2028.
Year-on-year variation showcases a consistent upward trend: - 2024 to 2025: 4.81%- 2025 to 2026: 4.50%- 2026 to 2027: 4.23%- 2027 to 2028: 3.98%
The Compound Annual Growth Rate (CAGR) over the 5-year period from 2024 to 2028 stands at approximately 4.38%.
Future trends to watch for include potential fluctuations in global demand for NBR, technological advancements in synthetic rubber production, potential impacts of geopolitical events on trade policies, and economic growth rates in Vietnam which could influence industrial demand.
