Belgium - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Isoprene Rubber (IR) in Primary Form in Belgium - 2023
Contents:
- Price for Isoprene Rubber (IR) in Primary Form in Belgium (CIF) - 2023
- Price for Isoprene Rubber (IR) in Primary Form in Belgium (FOB) - 2022
- Imports of Isoprene Rubber (IR) in Primary Form in Belgium
- Exports of Isoprene Rubber (IR) in Primary Form in Belgium
Price for Isoprene Rubber (IR) in Primary Form in Belgium (CIF) - 2023
The average import price for isoprene rubber (IR) in primary forms stood at $2,220 per ton in September 2023, shrinking by -41.7% against the previous month. In general, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 69% against the previous month. Over the period under review, average import prices hit record highs at $4,707 per ton in January 2023; however, from February 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($5,794 per ton), while the price for Germany ($1,280 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Isoprene Rubber (IR) in Primary Form in Belgium (FOB) - 2022
In 2022, the average export price for isoprene rubber (IR) in primary forms amounted to $2,828 per ton, with an increase of 7% against the previous year. Over the period under review, the export price, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 32%. The export price peaked at $4,105 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($6,388 per ton), while the average price for exports to Spain ($1,473 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 Switzerland (-0.7%), while the prices for the other major destinations experienced a decline.
Imports of Isoprene Rubber (IR) in Primary Form in Belgium
In 2022, imports of isoprene rubber (ir) in primary forms into Belgium skyrocketed to 19K tons, with an increase of 53% against the previous year's figure. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 71%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of isoprene rubber (IR) in primary forms surged to $48M in 2022. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 133% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Isoprene Rubber (IR) in Primary Form in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | N/A | N/A | 9.2 | 14.6 | 58.7% |
| Germany | 4.4 | 5.6 | 12.0 | 13.5 | 45.3% |
| Netherlands | 0.1 | 3.5 | 6.8 | 7.1 | 314.1% |
| China | N/A | N/A | 1.2 | 5.3 | 341.7% |
| United States | 2.1 | 3.1 | 1.8 | 3.5 | 18.6% |
| Japan | 0.4 | 1.6 | 2.3 | 2.5 | 84.2% |
| France | 0.6 | 0.5 | 0.5 | 0.5 | -5.9% |
| Russia | 0.7 | 1.1 | 1.5 | 0.3 | -24.6% |
| Others | 0.2 | 0.1 | 0.5 | 0.9 | 65.1% |
| Total | 8.5 | 15.4 | 35.9 | 48.1 | 78.2% |
Top Suppliers of Isoprene Rubber (IR) in Primary Form to Belgium in 2022:
- Germany (10.1K tons)
- China (2.7K tons)
- Taiwan (Chinese) (2.3K tons)
- Netherlands (1.5K tons)
- United States (1.1K tons)
- Japan (0.5K tons)
- France (0.3K tons)
- Russia (0.1K tons)
Exports of Isoprene Rubber (IR) in Primary Form in Belgium
In 2022, exports of isoprene rubber (ir) in primary forms from Belgium rose remarkably to 2.6K tons, surging by 7.8% on the previous year. Over the period under review, exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 87% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of isoprene rubber (IR) in primary forms soared to $7.3M in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Isoprene Rubber (IR) in Primary Form in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 36.9 | 0.3 | 0.6 | 2,920 | 329.3% |
| Switzerland | N/A | 1,371 | 1,265 | 1,458 | 3.1% |
| France | 721 | 702 | 1,286 | 818 | 4.3% |
| Luxembourg | 2,186 | 584 | 710 | 782 | -29.0% |
| Germany | 85.5 | 169 | 327 | 468 | 76.2% |
| Spain | 370 | 569 | 456 | 248 | -12.5% |
| Italy | 379 | 219 | 512 | 239 | -14.2% |
| Sweden | 35.7 | 22.4 | 546 | 36.9 | 1.1% |
| Finland | N/A | N/A | 642 | N/A | 0% |
| Others | 348 | 280 | 555 | 297 | -5.1% |
| Total | 4,162 | 3,916 | 6,300 | 7,266 | 20.4% |
Top Export Markets for Isoprene Rubber (IR) in Primary Form from Belgium in 2022:
- Netherlands (748.4 tons)
- France (498.1 tons)
- Germany (310.2 tons)
- Luxembourg (308.8 tons)
- Switzerland (228.2 tons)
- Spain (168.6 tons)
- Italy (153.6 tons)
- Sweden (25.7 tons)
This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form in Belgium. 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:
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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
- 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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