The forecast for China's import of Technically Specified Natural Rubber (TSNR) shows a gradual decline from 2024 to 2028, with values projected to decrease from 2.1588 billion USD in 2024 to 1.9511 billion USD in 2028. In 2023, the actual import value was slightly higher, indicating a downward trend starting from 2024. Over the two years from 2024 to 2025, there is a notable decline, with year-on-year reductions continuing through subsequent years. The Compound Annual Growth Rate (CAGR) over the forecasted period is negative, highlighting a consistent annual decrease.
Future trends to watch for include potential fluctuations in the global demand for natural rubber, changes in international trade policies, and economic conditions in China that could affect import volumes. Additionally, technological advancements in synthetic rubber production may impact natural rubber imports.
