In 2023, Russia was the leading exporter of isoprene rubber (IR), followed by Japan and the United States. Russia experienced a modest growth of 0.24% year-over-year, while Japan and the United States saw increases of 1.79% and 3.69% respectively. Other notable growth came from Brazil at 4.51%, Luxembourg at 7.3%, and the United Arab Emirates at 8.66%. On the contrary, countries like Poland, Belgium, and Netherlands recorded declines, with Netherlands showing a significant decrease of 13.29%.
Looking ahead, the global export of isoprene rubber (IR) is anticipated to be affected by shifting trade relations, potential supply chain disruptions, and emerging markets seeking alternative supply sources. Keeping an eye on technological advancements in production and environmental regulations will also be crucial for stakeholders in the IR market.
Top countries in Export of Isoprene Rubber (IR) by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 418,680,000 | 2023 | -0.39% | +0.24% | View data |
| 2 | 2 Japan | 193,880,000 | 2023 | +2.39% | +1.79% | View data |
| 3 | 3 United States | 136,120,000 | 2023 | +3.11% | +3.69% | View data |
| 4 | 4 Poland | 32,619,000 | 2023 | -1.18% | -4% | View data |
| 5 | 5 Brazil | 23,577,000 | 2023 | +1.73% | +4.51% | View data |
| 6 | 6 Hungary | 20,562,000 | 2023 | +0.5% | +2.01% | View data |
| 7 | 7 Belgium | 11,867,000 | 2023 | +0.049% | -4.15% | View data |
| 8 | 8 Thailand | 9,829,700 | 2023 | +2.06% | +0.37% | View data |
| 9 | 9 China | 5,511,300 | 2023 | +1.29% | +0.032% | View data |
| 10 | 10 Netherlands | 3,961,800 | 2023 | -13.66% | -13.29% | View data |
