In 2023, Germany dominated the global export market for Chloroprene Rubber (CR) Latex with a significant share of 57.42%, reflecting a steady growth of 2.46% from previous years. Japan followed with 28.73%, showcasing a notable increase of 4.62%. The United States exhibited a decline of 16.86%, capturing only 1.14% of the market. Meanwhile, the United Arab Emirates experienced significant growth, reflecting a 296.11% increase, suggesting emerging competitive opportunities. Other countries like Denmark and Portugal showed modest positive trends, while nations such as the Netherlands and China saw declines.
Future trends to watch in the Chloroprene Rubber (CR) Latex export market include:
- Potential continued growth from emerging markets like the United Arab Emirates, driven by diversification and strategic trade agreements.
- Demand shifts influenced by global economic conditions and advancements in manufacturing technologies.
- Environmental regulations and sustainability efforts potentially impacting production and export strategies.
- A possible rebound in the U.S. market driven by innovation in downstream applications.
Top countries in Export of Chloroprene (Chlorobutadiene) Rubber (CR) Latex Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 57.42 | 2023 | +2.03% | +2.46% | View data |
| 2 | 2 Japan | 28.73 | 2023 | +3.7% | +4.62% | View data |
| 3 | 3 United States | 1.14 | 2023 | -23.66% | -16.86% | View data |
| 4 | 4 United Arab Emirates | 0.32 | 2023 | +4.47% | +296.11% | View data |
| 5 | 5 Denmark | 0.32 | 2023 | +6.56% | +6.66% | View data |
| 6 | 6 Spain | 0.3 | 2023 | +5.92% | +1.6% | View data |
| 7 | 7 Italy | 0.23 | 2023 | -4.73% | -4.44% | View data |
| 8 | 8 Portugal | 0.1 | 2023 | +4.96% | +8.63% | View data |
| 9 | 9 Netherlands | 0.061 | 2023 | -26.99% | -20.96% | View data |
| 10 | 10 Russia | 0.049 | 2023 | +2.53% | +5.03% | View data |
