In 2023, South Korea led the global exports of polyisobutylene with 234.74 million kilograms, marking a 4.47% increase over the previous year. Belgium and Germany followed with 126.95 and 102.55 million kilograms respectively, both showing steady growth. The United States and Brazil also saw positive year-on-year changes. Among the notable trends, Japan and Netherlands experienced declines, while Canada's exports grew significantly. The Philippines marked a remarkable increase, whereas several European countries saw stark declines, particularly the UK, Spain, Austria, and Finland over the past year.
Looking ahead, the global export landscape for polyisobutylene is anticipated to shift with increased competition and changes in demand dynamics. Key trends to watch include technological advancements in production, potential trade policy shifts, and environmental regulations which could impact production and exports. Emerging markets might gain traction, while established exporters may focus on innovation to maintain their competitive edge.
Top countries in Export of Polyisobutylene by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 234,740,000 | 2023 | +4.13% | +4.47% | View data |
| 2 | 2 Belgium | 126,950,000 | 2023 | +2.03% | +2.59% | View data |
| 3 | 3 Germany | 102,550,000 | 2023 | -0.81% | +2% | View data |
| 4 | 4 United States | 55,993,000 | 2023 | +1.85% | +2.93% | View data |
| 5 | 5 Brazil | 20,124,000 | 2023 | +3.48% | +1.78% | View data |
| 6 | 6 Japan | 12,628,000 | 2023 | -0.84% | -1.6% | View data |
| 7 | 7 Malaysia | 10,188,000 | 2023 | +6.65% | +0.75% | View data |
| 8 | 8 Netherlands | 8,981,500 | 2023 | -6.39% | -10.62% | View data |
| 9 | 9 China | 5,904,200 | 2023 | -0.94% | -0.09% | View data |
| 10 | 10 Russia | 3,984,200 | 2023 | +2.21% | +1.61% | View data |
