Key Market Indicators
Australian Natural Rubber exports fell by 19.2% in 2021, reaching $302,430 compared to the previous year, while imports declined by nearly 6% to $5,761,400. This brings the total supply-demand deficit to 22.1%, the lowest since 1993. Australia ranked 56th in exports, with Ecuador coming in first, while it was 50th in imports, with Ethiopia taking the lead. Indonesia, Ivory Coast, Malaysia, the United States, and Japan were the top four exporters and importers respectively.
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Natural Rubber Sector: Astute Evaluation of Trends, Opportunities, and Market Dynamics
In the global industrial commodities landscape, the natural rubber sector maintains a substantial position, driven primarily by its use in the automobile industry. Environmental factors, price volatility and shifts in producer-consumer dynamics remain critical influencers. Despite market disruptions, notably China's economic slowdown and trade tensions, the sector shows resilience.
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Chemical Industry: Unraveling the Dynamic Nitrile Butadiene Rubber (NBR) Market Landscape
The nitrile butadiene rubber (NBR) market forms a critical part of the larger chemical industry. Manufactured from acrylonitrile and butadiene, NBR is a type of synthetic rubber widely known for its excellent resistance to oils, fuels, and other chemicals. It holds an indispensable role across multiple sectors including the automotive,...
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Natural Rubber: Spotting Unseen Opportunities across Report Variations
The global market is witnessing an upswing in the demand for natural rubber, attributed significantly to the rise in the automobile industry and the industrial sector. This key material ensures superior quality and performance in a wide range of applications. However, market fluctuations due to unpredictable weather conditions and governmental...
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