In 2023, South Korea led global exports of Styrene-Butadiene Rubber (SBR/XSBR) excluding latex, valued at $1.1402 billion, with a year-on-year growth of 1.22%. Germany and France followed, although France saw a decline of 0.089%. Notably, Singapore showed significant growth at 6.5%, while the United States, China, and Japan experienced contractions. Among smaller markets, Finland and Chile showed positive growth, while Switzerland and Argentina faced significant declines.
Future trends to monitor in the global export market for SBR/XSBR include potential shifts due to geopolitical changes, market demands from emerging economies, and the impact of regulatory developments on manufacturing capacities, particularly in Asia and Europe. Continuation of China's export strategy and innovations in synthetic rubber production could significantly influence global market dynamics.
Top countries in Export of Styrene-Butadiene Rubber (SBR/XSBR) Except Latex by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 1,140,200,000 | 2023 | +1.33% | +1.22% | View data |
| 2 | 2 Germany | 669,890,000 | 2023 | +2% | +2.14% | View data |
| 3 | 3 France | 453,250,000 | 2023 | +0.35% | -0.089% | View data |
| 4 | 4 Japan | 452,640,000 | 2023 | +0.057% | -1.3% | View data |
| 5 | 5 Singapore | 420,370,000 | 2023 | +5.19% | +6.5% | View data |
| 6 | 6 Poland | 386,200,000 | 2023 | +2.44% | +1.61% | View data |
| 7 | 7 United States | 341,050,000 | 2023 | -1.92% | -1.77% | View data |
| 8 | 8 Russia | 295,550,000 | 2023 | +1.8% | +1.87% | View data |
| 9 | 9 Thailand | 293,540,000 | 2023 | +4.42% | +4.66% | View data |
| 10 | 10 Spain | 235,360,000 | 2023 | +0.34% | -1.39% | View data |
