U.S. - 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 the United States - 2023
Contents:
- Buta-1,3-Diene and Isoprene Price in the United States (CIF) - 2023
- Buta-1,3-Diene and Isoprene Price in the United States (FOB) - 2023
- Buta-1,3-Diene and Isoprene Imports in the United States
- Buta-1,3-Diene and Isoprene Exports in the United States
Buta-1,3-Diene and Isoprene Price in the United States (CIF) - 2023
In August 2023, the average buta-1,3-diene and isoprene import price amounted to $822 per ton, picking up by 12% against the previous month. Overall, the import price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 38% against the previous month. Over the period under review, average import prices hit record highs at $1,966 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Brazil ($1,782 per ton), while the price for Canada ($260 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Brazil (-0.6%), while the prices for the other major suppliers experienced a decline.
Buta-1,3-Diene and Isoprene Price in the United States (FOB) - 2023
In August 2023, the average buta-1,3-diene and isoprene export price amounted to $577 per ton, jumping by 124% against the previous month. In general, the export price, however, showed a deep slump. The export price peaked at $1,751 per ton in August 2022; however, from September 2022 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Canada ($906 per ton), while the average price for exports to Mexico ($449 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.
Buta-1,3-Diene and Isoprene Imports in the United States
In 2022, buta-1,3-diene and isoprene imports into the United States contracted to 360K tons, waning by -3.2% compared with the previous year's figure. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.8% 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 +66.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 72% against the previous year. As a result, imports attained the peak of 372K tons, and then dropped slightly in the following year.
In value terms, buta-1,3-diene and isoprene imports rose notably to $592M in 2022. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 158% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Buta-1,3-Diene and Isoprene in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 47.5 | 24.8 | 104 | 157 | 49.0% |
| South Korea | 50.0 | 53.9 | 115 | 126 | 36.1% |
| Netherlands | 13.6 | 6.4 | 79.3 | 72.3 | 74.5% |
| China | 11.5 | N/A | 3.6 | 59.4 | 72.9% |
| Belgium | 19.0 | 9.7 | 54.2 | 42.4 | 30.7% |
| Canada | 68.7 | 79.3 | 74.4 | 27.2 | -26.6% |
| Germany | 7.1 | 8.7 | 51.7 | 24.3 | 50.7% |
| Taiwan (Chinese) | 33.5 | 14.4 | 18.7 | 23.5 | -11.1% |
| United Kingdom | 12.6 | 1.8 | 6.6 | N/A | -27.6% |
| Others | 11.5 | 6.3 | 22.1 | 60.1 | 73.5% |
| Total | 275 | 205 | 530 | 592 | 29.1% |
Top Suppliers of Buta-1,3-Diene and Isoprene to the United States in 2022:
- Brazil (90.9K tons)
- South Korea (70.8K tons)
- Netherlands (43.4K tons)
- Canada (39.8K tons)
- Belgium (26.3K tons)
- China (24.2K tons)
- Germany (15.4K tons)
- Taiwan (Chinese) (12.2K tons)
Buta-1,3-Diene and Isoprene Exports in the United States
Buta-1,3-diene and isoprene exports from the United States surged to 56K tons in 2022, increasing by 42% on 2021 figures. Overall, exports, however, continue to indicate a deep setback.
In value terms, buta-1,3-diene and isoprene exports soared to $81M in 2022. Over the period under review, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 66% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Buta-1,3-Diene and Isoprene in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 31.7 | 25.6 | 47.3 | 73.7 | 32.5% |
| Canada | 3.7 | 2.7 | 3.9 | 4.7 | 8.3% |
| South Korea | 11.6 | 1.3 | 0.1 | 2.3 | -41.7% |
| China | N/A | 2.0 | N/A | N/A | 0% |
| Taiwan (Chinese) | 4.3 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | 1.5 | 0.8 | 100.0% |
| Total | 51.5 | 31.8 | 52.8 | 81.5 | 16.5% |
Top Export Markets for Buta-1,3-Diene and Isoprene from the United States in 2022:
- Mexico (48.8K tons)
- Canada (4.9K tons)
- South Korea (1.9K tons)
This report provides an in-depth analysis of the buta-1,3-diene and isoprene market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
-
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
- 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
-
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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