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World - Buta-1,3-Diene and Isoprene - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlobal Buta-1,3-Diene And Isoprene Market 2024
Buta-1,3-Diene And Isoprene Market Size
The global buta-1,3-diene and isoprene market soared to $X in 2022, increasing by 117% against the previous year. Over the period under review, consumption, however, enjoyed prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Buta-1,3-Diene And Isoprene Production
In value terms, buta-1,3-diene and isoprene production declined modestly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 29% against the previous year. Global production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.
Buta-1,3-Diene And Isoprene Exports
Exports
In 2022, approx. X tons of buta-1,3-diene and isoprene were exported worldwide; falling by -7.8% compared with 2021 figures. In general, exports saw a pronounced slump. The most prominent rate of growth was recorded in 2017 when exports increased by 20%. Over the period under review, the global exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
In value terms, buta-1,3-diene and isoprene exports reduced modestly to $X in 2022. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 70%. Over the period under review, the global exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
In 2022, the Netherlands (X tons), distantly followed by South Korea (X tons), Germany (X tons), Brazil (X tons), Singapore (X tons), India (X tons), China (X tons) and Belgium (X tons) represented the largest exporters of buta-1,3-diene and isoprene, together generating 76% of total exports. The following exporters - Taiwan (Chinese) (X tons), Iran (X tons), the United States (X tons), Hungary (X tons) and Thailand (X tons) - together made up 14% of total exports.
From 2012 to 2022, average annual rates of growth with regard to buta-1,3-diene and isoprene exports from the Netherlands stood at -3.6%. At the same time, Hungary (+20.1%), Belgium (+10.8%), Brazil (+3.8%), China (+2.9%) and Taiwan (Chinese) (+1.3%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in the world, with a CAGR of +20.1% from 2012-2022. By contrast, Singapore (-1.0%), South Korea (-1.5%), the United States (-2.8%), Thailand (-3.0%), Iran (-3.4%), India (-4.2%) and Germany (-4.7%) illustrated a downward trend over the same period. Brazil (+3.9 p.p.), Belgium (+3.6 p.p.), China (+2.3 p.p.) and Hungary (+2 p.p.) significantly strengthened its position in terms of the global exports, while Germany and the Netherlands saw its share reduced by -2.7% and -3.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the Netherlands ($X) remains the largest buta-1,3-diene and isoprene supplier worldwide, comprising 24% of global exports. The second position in the ranking was taken by South Korea ($X), with a 12% share of global exports. It was followed by Germany, with a 10% share.
In the Netherlands, buta-1,3-diene and isoprene exports contracted by an average annual rate of -4.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (-8.0% per year) and Germany (-9.5% per year).
Export Prices by Country
The average buta-1,3-diene and isoprene export price stood at $X per ton in 2022, picking up by 6% against the previous year. Over the period under review, the export price, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while India ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+9.6%), while the other global leaders experienced a decline in the export price figures.
Buta-1,3-Diene And Isoprene Imports
Imports
In 2022, global buta-1,3-diene and isoprene imports reduced dramatically to X tons, dropping by -21.3% against 2021 figures. Over the period under review, imports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 16%. Over the period under review, global imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.
In value terms, buta-1,3-diene and isoprene imports declined to $X in 2022. In general, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 71%. Global imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.
Imports by Country
The countries with the highest levels of buta-1,3-diene and isoprene imports in 2022 were the United States (X tons), France (X tons), South Korea (X tons), Taiwan (Chinese) (X tons) and China (X tons), together resulting at 61% of total import. It was distantly followed by Japan (X tons), the Netherlands (X tons) and Poland (X tons), together generating a 15% share of total imports. Malaysia (X tons), the Czech Republic (X tons), the UK (X tons), Germany (X tons) and Belgium (X tons) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Czech Republic (with a CAGR of +17.6%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the largest buta-1,3-diene and isoprene importing markets worldwide were the United States ($X), France ($X) and South Korea ($X), with a combined 46% share of global imports. Malaysia, China, Taiwan (Chinese), Japan, Poland, the Netherlands, the Czech Republic, the UK, Germany and Belgium lagged somewhat behind, together comprising a further 46%.
The Czech Republic, with a CAGR of +12.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.
Import Prices by Country
In 2022, the average buta-1,3-diene and isoprene import price amounted to $X per ton, with an increase of 8.8% against the previous year. Over the period under review, the import price, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of 48% against the previous year. Global import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Malaysia ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-2.1%), while the other global leaders experienced a decline in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the global buta-1,3-diene and isoprene market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141160 - Buta-1,3-diene and isoprene
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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