In 2023, Thailand led the global export of natural rubber in smoked sheets, commanding 66.98% of the market share. While Myanmar and Indonesia followed, they held considerably lesser shares, at 13.89% and 6.7% respectively. Notable year-on-year changes included a decrease in shares for Thailand (-5.6%) and Indonesia (-8.52%), contrasted by gains in Belgium (6.55%) and France (6.07%). Smaller markets like the Ivory Coast saw remarkable growth (49.14%), while South Africa surged by an impressive 78.08%. Conversely, markets like Estonia and Canada experienced significant declines in their shares.
Future trends to watch in the global export of natural rubber in smoked sheets include a focus on sustainability and efficiency in production, particularly in leading countries like Thailand. Countries with smaller market shares but high growth rates, such as South Africa and the Ivory Coast, could become more significant players, possibly reshaping the market landscape. Monitoring shifts in demand, particularly in manufacturing regions, and environmental policies will also be crucial.
Top countries in Export of Natural Rubber in Smoked Sheets Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Thailand | 66.98 | 2023 | -8.46% | -5.6% | View data |
| 2 | 2 Myanmar | 13.89 | 2023 | -0.34% | -0.41% | View data |
| 3 | 3 Indonesia | 6.7 | 2023 | -10.63% | -8.52% | View data |
| 4 | 4 Belgium | 3.99 | 2023 | +5.47% | +6.55% | View data |
| 5 | 5 France | 2.86 | 2023 | +5.33% | +6.07% | View data |
| 6 | 6 China | 0.8 | 2023 | -2.79% | -3.9% | View data |
| 7 | 7 Luxembourg | 0.33 | 2023 | -0.25% | +5.99% | View data |
| 8 | 8 United States | 0.27 | 2023 | -5.43% | -1.83% | View data |
| 9 | 9 Philippines | 0.12 | 2023 | -36.12% | -15.74% | View data |
| 10 | 10 Ivory Coast | 0.073 | 2023 | +2.51% | +49.14% | View data |
