The global export landscape of Styrene-Butadiene Rubber (SBR/XSBR) Latex is dominated by Germany, contributing significantly to the global market. The United States and Japan follow as key players. Notable year-on-year variations include significant increases by Japan and Saudi Arabia, while Finland, Singapore, and Serbia witnessed declines. Emerging economies like Egypt and Latvia posted substantial rises, hinting at growing competitiveness. The five-year CAGR reflects robust growth in these emerging markets, albeit with fluctuations in traditionally strong exporters such as South Korea and Italy.
Future trends to watch include increased competitiveness from emerging markets like Egypt and India, driven by advancements in production technology and strategic trade partnerships. Furthermore, sustainability and green manufacturing processes are likely to shape future export dynamics and demand patterns in developed markets. Tracking developments in eco-friendly production innovations and regional trade policies will be essential for anticipating changes in export shares.
Top countries in Export of Styrene-Butadiene Rubber (SBR/XSBR) Latex Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.45 | 2023 | +1.62% | +0.92% | View data |
| 2 | 2 United States | 13.9 | 2023 | +1.73% | +1.9% | View data |
| 3 | 3 Japan | 9.68 | 2023 | +4.34% | +4.45% | View data |
| 4 | 4 Belgium | 9.11 | 2023 | +0.65% | +0.61% | View data |
| 5 | 5 Netherlands | 8.79 | 2023 | +0.18% | +0.62% | View data |
| 6 | 6 Italy | 4.32 | 2023 | +2.49% | +3.21% | View data |
| 7 | 7 Indonesia | 3.19 | 2023 | +2.74% | +2.72% | View data |
| 8 | 8 South Korea | 2.81 | 2023 | -3.35% | -2.86% | View data |
| 9 | 9 China | 1.94 | 2023 | +4.15% | +4.07% | View data |
| 10 | 10 India | 1.88 | 2023 | +4.25% | +3.11% | View data |
