The global export market for Isobutene-Isoprene (Butyl) Rubber (IIR) in 2023 showcases Russia's dominance at the top with significant exports, followed by Singapore and Belgium. Notable declines are observed from major exporters such as Japan, China, and Hungary, whereas Denmark and the Netherlands exhibit positive growth. Minimal contributions with varying trends are noted from countries like the United Kingdom, Austria, and Switzerland. This dynamic market sees fluctuations across varying economies with mixed year-on-year trends and a slowing CAGR.
Future trends to watch include potential growth from emerging markets focusing on advancing synthetic rubber utilization for automotive and other industries and technological advancements affecting production costs and efficiency. Trade policies and environmental regulations will also shape export capacities and market dynamics.
Top countries in Export of Isobutene-Isoprene (Butyl) Rubber (IIR) by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 194,350,000 | 2023 | -2.4% | -3.49% | View data |
| 2 | 2 Singapore | 129,990,000 | 2023 | +5.35% | +4.67% | View data |
| 3 | 3 Belgium | 95,256,000 | 2023 | +1.55% | -0.046% | View data |
| 4 | 4 United States | 36,887,000 | 2023 | +0.95% | -0.71% | View data |
| 5 | 5 Canada | 36,795,000 | 2023 | -4.61% | -5.72% | View data |
| 6 | 6 Japan | 13,269,000 | 2023 | -10.57% | -8.46% | View data |
| 7 | 7 United Arab Emirates | 7,646,900 | 2023 | +5.02% | +4.85% | View data |
| 8 | 8 China | 6,278,000 | 2023 | -18.98% | -11.29% | View data |
| 9 | 9 Poland | 5,030,100 | 2023 | +2.7% | +3.6% | View data |
| 10 | 10 Italy | 2,695,900 | 2023 | +3.15% | +2.97% | View data |
