The global export landscape of Acrylonitrile-Butadiene Rubber (NBR) latex is dominated by South Korea, with a significant share of 74.38% in 2023. Malaysia and Thailand follow with 11.93% and 5.98%, respectively. Among other key players, China holds 2.5%, while European countries like Poland and Germany contribute minimal shares.
In terms of year-on-year trends, South Korea and Thailand showed robust growth in 2023 with 5.25% and 5.62% increases, whereas Germany experienced a sharp decline of 38.45%. Denmark and Sweden displayed positive growth, whereas India and Brazil saw reductions in their export shares.
Moving forward, monitoring shifts in Asia's manufacturing capacities, especially in South Korea and Malaysia, will be crucial. Additionally, geopolitical factors affecting China's output and European players adjusting to market demands can significantly influence the global NBR latex export landscape.
Top countries in Export of Acrylonitrile-Butadiene Rubber (NBR), Latex Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 74.38 | 2023 | +4.99% | +5.25% | View data |
| 2 | 2 Malaysia | 11.93 | 2023 | +3.17% | +4.35% | View data |
| 3 | 3 Thailand | 5.98 | 2023 | +5.16% | +5.62% | View data |
| 4 | 4 China | 2.5 | 2023 | +5.12% | +1.96% | View data |
| 5 | 5 Poland | 0.021 | 2023 | +6.15% | +8.18% | View data |
| 6 | 6 Germany | 0.012 | 2023 | -65.3% | -38.45% | View data |
| 7 | 7 Denmark | 0.007 | 2023 | +6.48% | +16.7% | View data |
| 8 | 8 Sweden | 0.005 | 2023 | +1.81% | +5.69% | View data |
| 9 | 9 India | 0.003 | 2023 | -14.2% | -17.28% | View data |
| 10 | 10 Brazil | 0.002 | 2023 | -7.97% | -5.91% | View data |
