The global export landscape of Isobutene-Isoprene (Butyl) Rubber (IIR) has been dominated by Russia, holding a substantial share of the market. In 2023, Russia's exports reflected a slight growth, whereas countries such as Singapore and Belgium also displayed positive trajectories. In contrast, Canada and Japan experienced declines, indicating potential shifts in regional production or demand.
Over the past years, significant fluctuations observed include gains by the United Arab Emirates and Poland. In terms of longer-term trends, Finland's growth stands out with a noticeable year-on-year increase, while countries like Brazil and Czech Republic saw notable declines in their export shares.
Future trends to watch will likely involve the potential emergence of new markets as production capabilities shift. Environmental regulations may drive changes in production methods, influencing export dynamics. Monitoring these developments is key to understanding the future landscape of the IIR industry.
Top countries in Export of Isobutene-Isoprene (Butyl) Rubber (IIR) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 60.12 | 2023 | +1.28% | +1.48% | View data |
| 2 | 2 Singapore | 26.1 | 2023 | +5.24% | +4.46% | View data |
| 3 | 3 Belgium | 16.91 | 2023 | +2.78% | +1.9% | View data |
| 4 | 4 Canada | 6.69 | 2023 | -3.5% | -5.86% | View data |
| 5 | 5 Japan | 2.26 | 2023 | -9.38% | -6.63% | View data |
| 6 | 6 China | 2.21 | 2023 | -5.55% | +0.48% | View data |
| 7 | 7 United Arab Emirates | 1.57 | 2023 | +5.4% | +6.3% | View data |
| 8 | 8 Poland | 0.91 | 2023 | +3.64% | +6.78% | View data |
| 9 | 9 Hungary | 0.54 | 2023 | -7.32% | -5.92% | View data |
| 10 | 10 Malaysia | 0.52 | 2023 | +3.23% | +3.69% | View data |