In 2023, Germany led the global export of Chloroprene Rubber Latex with significant volume, followed by Japan. Notably, the United Arab Emirates exhibited the highest year-on-year growth at 296.11%. The United States and Netherlands experienced notable declines at -16.86% and -20.96%, respectively. South Korea showed a strong increase of 35.13%. The Compound Annual Growth Rate (CAGR) illustrates the average variation per year over five years, indicating emerging trends and market resilience despite specific downturns.
Future trends to watch include the increasing demand in emerging markets such as the United Arab Emirates. Producers may explore sustainable and innovative production methods to meet environmental regulations. Additionally, geopolitical factors may impact export dynamics, with potential opportunities in Asia-Pacific and Middle Eastern markets for expansion.
Top countries in Export of Chloroprene (Chlorobutadiene) Rubber (CR) Latex by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31,852,000 | 2023 | +2.03% | +2.46% | View data |
| 2 | 2 Japan | 15,934,000 | 2023 | +3.7% | +4.62% | View data |
| 3 | 3 United States | 631,380 | 2023 | -23.66% | -16.86% | View data |
| 4 | 4 United Arab Emirates | 178,500 | 2023 | +4.47% | +296.11% | View data |
| 5 | 5 Denmark | 174,830 | 2023 | +6.56% | +6.66% | View data |
| 6 | 6 Spain | 168,250 | 2023 | +5.92% | +1.6% | View data |
| 7 | 7 Italy | 127,190 | 2023 | -4.73% | -4.44% | View data |
| 8 | 8 Portugal | 56,860 | 2023 | +4.96% | +8.63% | View data |
| 9 | 9 Netherlands | 33,710 | 2023 | -26.99% | -20.96% | View data |
| 10 | 10 Russia | 27,320 | 2023 | +2.53% | +5.03% | View data |
