In 2023, Thailand dominated the global export of natural rubber in smoked sheets with $673.76 million, despite experiencing a 5.6% decrease from the previous year. Myanmar followed with $139.74 million, and a marginal 0.41% decline, while Indonesia saw an 8.52% decrease to reach $67.427 million. Conversely, European countries like Belgium and France showed resilience with growth rates of 6.55% and 6.07%, respectively. The Ivory Coast exhibited the most significant increase, soaring 49.14%. In contrast, the Philippines and Estonia experienced steep declines, 15.74% and 18.93%, respectively.
Future trends indicate increased diversification in export markets, driven by mounting demand for eco-friendly and sustainable rubber production practices. Asian markets are likely to maintain dominance, but European countries, illustrated by Belgium and France's growth, may increasingly impact the global trade landscape.
Top countries in Export of Natural Rubber in Smoked Sheets by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Thailand | 673,760,000 | 2023 | -8.46% | -5.6% | View data |
| 2 | 2 Myanmar | 139,740,000 | 2023 | -0.34% | -0.41% | View data |
| 3 | 3 Indonesia | 67,427,000 | 2023 | -10.63% | -8.52% | View data |
| 4 | 4 Belgium | 40,098,000 | 2023 | +5.47% | +6.55% | View data |
| 5 | 5 France | 28,789,000 | 2023 | +5.33% | +6.07% | View data |
| 6 | 6 China | 8,076,900 | 2023 | -2.79% | -3.9% | View data |
| 7 | 7 Luxembourg | 3,334,100 | 2023 | -0.25% | +5.99% | View data |
| 8 | 8 United States | 2,687,500 | 2023 | -5.43% | -1.83% | View data |
| 9 | 9 Philippines | 1,172,100 | 2023 | -36.12% | -15.74% | View data |
| 10 | 10 Ivory Coast | 732,820 | 2023 | +2.51% | +49.14% | View data |
