Canada - Buta-1,3-Diene And Isoprene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingButa-1,3-Diene and Isoprene Price in Canada - 2023
Contents:
- Buta-1,3-Diene and Isoprene Price in Canada (FOB) - 2023
- Buta-1,3-Diene and Isoprene Price in Canada (CIF) - 2022
- Buta-1,3-Diene and Isoprene Exports in Canada
- Buta-1,3-Diene and Isoprene Imports in Canada
Buta-1,3-Diene and Isoprene Price in Canada (FOB) - 2023
In June 2023, the average buta-1,3-diene and isoprene export price amounted to $379 per ton, which is down by -20.6% against the previous month. In general, the export price recorded a deep reduction. The pace of growth was the most pronounced in April 2023 an increase of 2.4% against the previous month. The export price peaked at $877 per ton in August 2022; however, from September 2022 to June 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -6.2% per month.
Buta-1,3-Diene and Isoprene Price in Canada (CIF) - 2022
In 2022, the average buta-1,3-diene and isoprene import price amounted to $910 per ton, reducing by -15.9% against the previous year. Overall, the import price saw a pronounced downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 23% against the previous year. The import price peaked at $1,192 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($910 per ton), while the price for South Korea totaled $910 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-0.1%).
Buta-1,3-Diene and Isoprene Exports in Canada
In 2022, shipments abroad of buta-1,3-diene and isoprene decreased by -50.2% to 40K tons, falling for the second year in a row after two years of growth. Overall, exports showed a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 17%. As a result, the exports reached the peak of 88K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, buta-1,3-diene and isoprene exports fell notably to $28M in 2022. In general, exports showed a sharp descent. The pace of growth was the most pronounced in 2020 with an increase of 16% against the previous year. As a result, the exports reached the peak of $80M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Buta-1,3-Diene and Isoprene in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 68.7 | 79.8 | 75.0 | 27.5 | -26.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 68.7 | 79.8 | 75.0 | 27.5 | -26.3% |
Top Export Markets for Buta-1,3-Diene and Isoprene from Canada in 2022:
- United States (39.8K tons)
Buta-1,3-Diene and Isoprene Imports in Canada
In 2022, approx. 4.9K tons of buta-1,3-diene and isoprene were imported into Canada; with an increase of 41% against the year before. Overall, imports saw mild growth. The pace of growth appeared the most rapid in 2021 with an increase of 47%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, buta-1,3-diene and isoprene imports surged to $4.5M in 2022. Over the period under review, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 46%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Buta-1,3-Diene and Isoprene in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | 1.4 | 2.9 | 2.6 | 36.3% |
| United States | 3.9 | 1.2 | 0.9 | 1.9 | -21.3% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 4.2 | 2.6 | 3.8 | 4.5 | 2.3% |
Top Suppliers of Buta-1,3-Diene and Isoprene to Canada in 2022:
- South Korea (2.8K tons)
- United States (2.1K tons)
This report provides an in-depth analysis of the buta-1,3-diene and isoprene market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
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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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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