The forecast for the import of unvulcanized rubber compounded with carbon black or silica to China shows a decreasing trend from 2024 to 2028, with values expected to drop from 274.07 to 243.8 million USD. Compared to 2023, which should be the baseline for these projections, the reduction is significant. The year-on-year percentage change indicates a consistent decline, averaging nearly 2.9% annually. The compound annual growth rate (CAGR) over this period reinforces a negative growth trend.
Future trends to watch for include potential shifts in global rubber supply chains, fluctuations in domestic demand influenced by China's industrial policies, and advancements in materials that may affect the demand for unvulcanized rubber. Economic factors both domestically and internationally could further alter these projections.
