The global export landscape for Styrene-Butadiene Rubber (SBR/XSBR) excluding latex saw South Korea leading in 2023 with the highest share by kilograms. Significant exporters included Germany, Poland, France, and Japan. South Korea and Singapore showed notable year-on-year growth, reflecting robust performance. Conversely, the United States, Spain, Mexico, and other countries exhibited a decrease in their export shares.
The Compound Annual Growth Rate (CAGR) over the past five years highlights sustained growth in certain regions, with Luxembourg, Hungary, and Singapore showcasing exceptional increases. In contrast, Australia and Switzerland experienced sharp declines in export volumes.
Future trends to watch:
- Economic and geopolitical factors influencing production and export strategies.
- Technological advancements in production methods improving efficiency in top exporting countries.
- Increasing demand in automotive and construction industries driving further growth.
- Potential environmental policies affecting production practices and export volume.
Top countries in Export of Styrene-Butadiene Rubber (SBR/XSBR) Except Latex Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 22.14 | 2023 | +1.65% | +2.04% | View data |
| 2 | 2 Germany | 10.71 | 2023 | +1.99% | +2.58% | View data |
| 3 | 3 Poland | 9.14 | 2023 | +3.29% | +5.1% | View data |
| 4 | 4 France | 7.43 | 2023 | +0.6% | +0.37% | View data |
| 5 | 5 Japan | 7.33 | 2023 | +0.65% | +0.96% | View data |
| 6 | 6 Russia | 6.51 | 2023 | +1.79% | +2.06% | View data |
| 7 | 7 Singapore | 6.03 | 2023 | +5.14% | +7.07% | View data |
| 8 | 8 Thailand | 4.61 | 2023 | +4.05% | +4.35% | View data |
| 9 | 9 United States | 4.17 | 2023 | -4.42% | -3.53% | View data |
| 10 | 10 Czech Republic | 3.16 | 2023 | +2.28% | +2.75% | View data |