In 2023, the US import of natural rubber and gums stood at 1.5421 billion USD. The forecast shows a consistent year-on-year decline from 2024 to 2028, with a compound annual growth rate (CAGR) of approximately -2.21%. By 2028, imports are projected to decrease steadily, indicating potential changes in demand or shifts in the global supply chain.
Future trends to watch for:
- Impact of technological advancements on synthetic alternatives.
- Evolving trade policies affecting import dynamics.
- Environmental concerns influencing sourcing practices.