Japan - 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 Japan - 2023
Contents:
- Buta-1,3-Diene and Isoprene Price in Japan (CIF) - 2023
- Buta-1,3-Diene and Isoprene Price in Japan (FOB) - 2022
- Buta-1,3-Diene and Isoprene Imports in Japan
- Buta-1,3-Diene and Isoprene Exports in Japan
Buta-1,3-Diene and Isoprene Price in Japan (CIF) - 2023
The average buta-1,3-diene and isoprene import price stood at $750 per ton in July 2023, shrinking by -20.8% against the previous month. Overall, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 116% month-to-month. As a result, import price reached the peak level of $1,938 per ton. From March 2023 to July 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From July 2022 to July 2023, the rate of growth in terms of prices for Singapore amounted to +31.3% per month.
Buta-1,3-Diene and Isoprene Price in Japan (FOB) - 2022
The average buta-1,3-diene and isoprene export price stood at $892 per ton in 2022, waning by -6.5% against the previous year. Over the period under review, the export price showed a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of 82%. The export price peaked at $2,237 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 for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($4,089 per ton), while the average price for exports to China ($774 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+0.5%), while the prices for the other major destinations experienced a decline.
Buta-1,3-Diene and Isoprene Imports in Japan
In 2022, approx. 105K tons of buta-1,3-diene and isoprene were imported into Japan; with an increase of 53% compared with the previous year. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 120%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, buta-1,3-diene and isoprene imports skyrocketed to $156M in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 169% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Buta-1,3-Diene and Isoprene in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 43.2 | 16.7 | 47.8 | 98.2 | 31.5% |
| Taiwan (Chinese) | 23.5 | 15.6 | 25.5 | 35.8 | 15.1% |
| Singapore | N/A | N/A | 2.2 | 11.2 | 409.1% |
| China | N/A | N/A | 1.0 | 10.6 | 960.0% |
| Thailand | 2.0 | N/A | 10.1 | N/A | 124.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 68.7 | 32.2 | 86.7 | 156 | 31.4% |
Top Suppliers of Buta-1,3-Diene and Isoprene to Japan in 2022:
- South Korea (68.3K tons)
- Taiwan (Chinese) (25.4K tons)
- Singapore (6.7K tons)
- China (4.8K tons)
Buta-1,3-Diene and Isoprene Exports in Japan
In 2022, shipments abroad of buta-1,3-diene and isoprene decreased by -17.1% to 21K tons, falling for the second year in a row after two years of growth. Overall, exports recorded a deep reduction. The growth pace was the most rapid in 2020 with an increase of 174%. As a result, the exports reached the peak of 96K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, buta-1,3-diene and isoprene exports declined dramatically to $19M in 2022. In general, exports faced a deep slump. The growth pace was the most rapid in 2020 with an increase of 80% against the previous year. As a result, the exports attained the peak of $63M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Buta-1,3-Diene and Isoprene in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 24.9 | 55.3 | 17.2 | 13.8 | -17.9% |
| China | 6.2 | 4.5 | 3.9 | 4.2 | -12.2% |
| Taiwan (Chinese) | 3.6 | 2.8 | 2.2 | N/A | -21.8% |
| Others | 0.5 | 0.7 | 0.9 | 0.8 | 17.0% |
| Total | 35.3 | 63.5 | 24.2 | 18.8 | -18.9% |
Top Export Markets for Buta-1,3-Diene and Isoprene from Japan in 2022:
- South Korea (15.4K tons)
- China (5.4K tons)
This report provides an in-depth analysis of the buta-1,3-diene and isoprene market in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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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