The global export of articles of cellular rubber in 2023 was dominated by China, holding the largest share, followed closely by Canada and the United States. Italy and Germany also played significant roles, though their shares were smaller. South Korea and Singapore showed notable growth trends, while countries like France and the UK experienced declines. The United Arab Emirates and Malaysia were among the fastest-growing markets, with remarkable year-on-year growth rates. On the other hand, some countries like Argentina and Bosnia and Herzegovina faced significant downturns. Over the past five years, this sector saw varied Compound Annual Growth Rates (CAGR) across nations.
Future trends to watch for include potential continued expansions in Asian and Middle Eastern markets. Environmental regulations and technological advancements could drive shifts in production and export patterns. Additionally, emerging markets like South Africa and New Zealand may significantly increase their global presence. Monitoring geopolitical stability and trade agreements will be crucial for anticipating further shifts in global export dynamics.
Top countries in Export of Articles of Cellular Rubber Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 17.57 | 2023 | +2.37% | +2.77% | View data |
| 2 | 2 Canada | 16.53 | 2023 | +0.67% | -2.21% | View data |
| 3 | 3 United States | 14.61 | 2023 | +0.82% | +1.7% | View data |
| 4 | 4 Italy | 7.77 | 2023 | +1.5% | +0.92% | View data |
| 5 | 5 Germany | 5.85 | 2023 | +0.85% | +0.44% | View data |
| 6 | 6 France | 4.19 | 2023 | -0.77% | -0.86% | View data |
| 7 | 7 Singapore | 3.91 | 2023 | +2.08% | +1.84% | View data |
| 8 | 8 Spain | 3.85 | 2023 | +2.26% | +2.35% | View data |
| 9 | 9 South Korea | 3.78 | 2023 | +2.13% | +3.57% | View data |
| 10 | 10 Netherlands | 3.14 | 2023 | +3.74% | +2.92% | View data |
