Market movement
In 2024, rubber: synthetic, acrylonitrile-butadiene rubber (nbr), (other than latex), in primary forms or in plates, sheets or strip trade exhibited slight decline, with global flows reaching $1,122,769,049 and a three-year compound annual growth rate of -3.3% (five-year: +2.6%). The all-time peak of $1,427,921,685 was recorded in 2011; the current level is 21% below that high-water mark.
Over the 30-year observation window (1995–2024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-3.8% acceleration).
The World Trade Flows Characterization classifies rubber: synthetic, acrylonitrile-butadiene rubber (nbr), (other than latex), in primary forms or in plates, sheets or strip as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.
