As of 2024, South Korea leads the global export of Acrylonitrile-Butadiene Rubber (NBR), Latex, with exports valued at $818.94 million, indicating a 4.51% increase from the previous year. Malaysia and Thailand follow, showing growth rates of 3.52% and 4.89% respectively. China and France experienced moderate increases, whereas exports from Japan and the United States significantly declined, by 26.09% and 45.14% respectively. Smaller exporters like Denmark and the Netherlands saw substantial increases, particularly Denmark with a 229.61% rise. However, Germany, Brazil, and Belgium saw declines, though minimal in the latter.
Future trends to watch include:
- Potential shifts in production to lower-cost regions impacting major exporters like South Korea and Malaysia.
- Technological innovations in synthetic rubber production possibly increasing output efficiency.
- Regulatory changes affecting environmental standards may alter export dynamics.
- Economic factors such as demand shifts in automotive and industrial applications influencing overall export value.
Top countries in Export of Acrylonitrile-Butadiene Rubber (NBR), Latex by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 818,940,000 | 2023 | +5.09% | +4.51% | View data |
| 2 | 2 Malaysia | 149,580,000 | 2023 | +3.45% | +3.52% | View data |
| 3 | 3 Thailand | 69,690,000 | 2023 | +5.42% | +4.89% | View data |
| 4 | 4 China | 31,109,000 | 2023 | +5.17% | +1.6% | View data |
| 5 | 5 France | 8,012,700 | 2023 | +3.14% | +2.62% | View data |
| 6 | 6 Japan | 3,734,900 | 2023 | -22.21% | -26.09% | View data |
| 7 | 7 Germany | 1,236,000 | 2023 | -14.74% | -13.06% | View data |
| 8 | 8 Denmark | 646,290 | 2023 | +7.34% | +229.61% | View data |
| 9 | 9 Sweden | 459,720 | 2023 | +3.39% | +5.19% | View data |
| 10 | 10 Poland | 363,090 | 2023 | +4.6% | +6.19% | View data |
