Malaysia dominates the global imports of Acrylonitrile-Butadiene Rubber (NBR) latex with a substantial share. In 2023, Malaysia saw a modest increase of 4.46%, while other significant importers like Thailand and China experienced positive changes of 3.42% and 2.06%, respectively. Indonesia also reported a notable growth rate of 4.11%. The United States observed a slight increase of 4.42%, contrasting with Germany's decline of 4.92%. Emerging markets such as India and Peru experienced impressive increments of 5.65% and 7.44%, respectively. However, negative trends were exhibited by countries like France, Spain, Canada, Japan, and Italy, with declines ranging from -8.22% to -57.02%.
Looking ahead, key trends include the potential for further growth in Southeast Asian countries, driven by industrial expansion and demand for NBR latex in various applications. Market fluctuations in developed economies could continue due to economic uncertainties and market saturation. Rising environmental concerns and regulatory changes could also influence future import patterns.
Top countries in Import of Acrylonitrile-Butadiene Rubber (NBR), Latex Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malaysia | 65.39 | 2023 | +4.87% | +4.46% | View data |
| 2 | 2 Thailand | 12.7 | 2023 | +3.77% | +3.42% | View data |
| 3 | 3 China | 6.06 | 2023 | +3.07% | +2.06% | View data |
| 4 | 4 Indonesia | 4.21 | 2023 | +4.79% | +4.11% | View data |
| 5 | 5 United States | 0.54 | 2023 | -0.36% | +4.42% | View data |
| 6 | 6 South Korea | 0.25 | 2023 | +1.37% | +1.21% | View data |
| 7 | 7 Germany | 0.18 | 2023 | -4.37% | -4.92% | View data |
| 8 | 8 India | 0.071 | 2023 | +2.98% | +5.65% | View data |
| 9 | 9 Netherlands | 0.058 | 2023 | -4.36% | -6.29% | View data |
| 10 | 10 Singapore | 0.036 | 2023 | -4.13% | -4.95% | View data |
