South Korea leads the global export of polyisobutylene with a significant value, showing a positive year-on-year growth of 3.66% in 2023, reflecting steady growth. Germany and Belgium follow, also experiencing growth but at slower rates. The United States shows a moderate increase, while countries like Japan and the Netherlands have experienced a decline in exports. Notable increases are observed from increasing countries like Canada and Oman, with remarkable growth in smaller markets like the Philippines, which had substantial percentage growth due to low base values.
Future trends to watch include the expansion of emerging markets and technological advances that may alter production dynamics and trade patterns. Companies should pay attention to geopolitical trends, environmental regulations, and shifts in consumer demand to maintain competitiveness and growth. International collaborations and investments in innovation could also drive future growth in the polyisobutylene export market.
Top countries in Export of Polyisobutylene by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 357,200,000 | 2023 | +3.86% | +3.66% | View data |
| 2 | 2 Germany | 191,310,000 | 2023 | -0.56% | +0.92% | View data |
| 3 | 3 Belgium | 186,470,000 | 2023 | +2% | +2.14% | View data |
| 4 | 4 United States | 97,178,000 | 2023 | +1.05% | +1.75% | View data |
| 5 | 5 Japan | 30,816,000 | 2023 | +0.31% | -0.83% | View data |
| 6 | 6 Netherlands | 28,733,000 | 2023 | +2.49% | -2.17% | View data |
| 7 | 7 Brazil | 25,417,000 | 2023 | +2.96% | +1.17% | View data |
| 8 | 8 China | 18,790,000 | 2023 | +1.64% | +2.54% | View data |
| 9 | 9 Malaysia | 17,700,000 | 2023 | +6.65% | +0.77% | View data |
| 10 | 10 Russia | 13,502,000 | 2023 | +1.98% | +1.25% | View data |
