In 2023, Malaysia dominated the global import of Acrylonitrile-Butadiene Rubber (NBR) latex with a significant share, followed by Thailand and China. Growth was observed in Malaysia, Thailand, and China with year-on-year increases of 5.13%, 4.28%, and 2.61%, respectively. Conversely, countries like Germany, France, and Japan showed declines, with France experiencing an 18.97% decrease. Notable growth was seen in countries like Morocco and Oman with substantial year-on-year increases, indicating rising market interest.
Future trends to watch for could include continued growth consolidation by Malaysia, technological advancements in NBR production, and increased demand from emerging markets like Morocco and Oman.
Top countries in Import of Acrylonitrile-Butadiene Rubber (NBR), Latex Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malaysia | 70.12 | 2023 | +4.8% | +5.13% | View data |
| 2 | 2 Thailand | 12.85 | 2023 | +3.6% | +4.28% | View data |
| 3 | 3 China | 5.57 | 2023 | +2.97% | +2.61% | View data |
| 4 | 4 United States | 0.44 | 2023 | +0.12% | +5.08% | View data |
| 5 | 5 South Korea | 0.065 | 2023 | -0.13% | -0.86% | View data |
| 6 | 6 Germany | 0.058 | 2023 | -10.97% | -9.6% | View data |
| 7 | 7 India | 0.053 | 2023 | +2.22% | +6.44% | View data |
| 8 | 8 Singapore | 0.02 | 2023 | -2.05% | -7.24% | View data |
| 9 | 9 Russia | 0.018 | 2023 | +5.08% | +4.75% | View data |
| 10 | 10 Saudi Arabia | 0.012 | 2023 | +1.71% | +4.11% | View data |
