In 2023, Russia led the global export of Isoprene Rubber with a dominant share of 68.09%, showing a modest increase of 2.91% year-on-year. Japan and the United States followed with shares of 11.51% and 5.74%, respectively, experiencing positive growth. Conversely, countries like Belgium, Thailand, and Canada saw declines in their exports. Several smaller players, such as Hungary and Brazil, registered notable growth despite their relatively low shares. On a broader timeline, countries like Luxembourg and the United Arab Emirates made significant progress in increasing their export shares, while others such as Denmark and Greece faced declines.
Looking ahead, while established exporters like Russia and Japan might maintain their dominance, emerging markets could influence shifts in global distribution due to economic and industrial developments. Sustainability trends and technological advancements in manufacturing could also drive changes in production strategies and export dynamics.
Top countries in Export of Isoprene Rubber (IR) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 68.09 | 2023 | +2.31% | +2.91% | View data |
| 2 | 2 Japan | 11.51 | 2023 | +2.82% | +2.36% | View data |
| 3 | 3 United States | 5.74 | 2023 | +1.22% | +1.26% | View data |
| 4 | 4 Poland | 4.9 | 2023 | +1.65% | -0.88% | View data |
| 5 | 5 Hungary | 2.66 | 2023 | +2.67% | +3.9% | View data |
| 6 | 6 Brazil | 1.07 | 2023 | +3.81% | +5.28% | View data |
| 7 | 7 Belgium | 0.42 | 2023 | -6.62% | -9.26% | View data |
| 8 | 8 China | 0.36 | 2023 | +0.83% | +2.79% | View data |
| 9 | 9 Thailand | 0.29 | 2023 | -10.76% | -3.62% | View data |
| 10 | 10 Spain | 0.12 | 2023 | +4.18% | +1.22% | View data |
