United Kingdom - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

United Kingdom - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Isoprene Rubber (IR) in Primary Form in the UK - 2023

Contents:

  1. Price for Isoprene Rubber (IR) in Primary Form in the UK (CIF) - 2022
  2. Price for Isoprene Rubber (IR) in Primary Form in the UK (FOB) - 2022
  3. Imports of Isoprene Rubber (IR) in Primary Form in the UK
  4. Exports of Isoprene Rubber (IR) in Primary Form in the UK

Price for Isoprene Rubber (IR) in Primary Form in the UK (CIF) - 2022

In 2022, the average import price for isoprene rubber (IR) in primary forms amounted to $3,925 per ton, approximately equating the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 22% against the previous year. As a result, import price attained the peak level of $5,330 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($14,444 per ton), while the price for Germany ($1,607 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Isoprene Rubber (IR) in Primary Form in the UK (FOB) - 2022

The average export price for isoprene rubber (IR) in primary forms stood at $10,066 per ton in 2022, dropping by -2% against the previous year. Over the period under review, the export price, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 110%. As a result, the export price reached the peak level of $10,275 per ton, and then fell modestly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($83,517 per ton), while the average price for exports to France ($1,412 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 Canada (+51.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Isoprene Rubber (IR) in Primary Form in the UK

After three years of growth, purchases abroad of isoprene rubber (IR) in primary forms decreased by -11.7% to 2.9K tons in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.4% 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 +83.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 61% against the previous year.

In value terms, imports of isoprene rubber (IR) in primary forms shrank to $12M in 2022. The total import value increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 32%.

Import of Isoprene Rubber (IR) in Primary Form in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2.62.82.54.721.8%
Germany1.52.02.31.3-4.7%
Russia0.11.92.61.3135.1%
United States1.82.01.81.1-15.1%
Italy0.20.20.20.751.8%
BrazilN/AN/AN/A0.50%
France0.50.60.70.50.0%
Belgium0.30.10.3N/A0.0%
Netherlands0.80.81.5N/A36.9%
Others0.60.91.01.329.4%
Total8.511.213.011.510.6%

Top Suppliers of Isoprene Rubber (IR) in Primary Form to the UK in 2022:

  1. Germany (792.1 tons)
  2. Japan (664.0 tons)
  3. Russia (648.4 tons)
  4. Italy (307.5 tons)
  5. France (184.6 tons)
  6. United States (77.5 tons)
  7. Brazil (46.4 tons)
  8. Belgium (12.6 tons)
  9. Netherlands (1.1 tons)

Exports of Isoprene Rubber (IR) in Primary Form in the UK

Exports of isoprene rubber (IR) in primary forms from the UK surged to 408 tons in 2022, increasing by 22% against 2021 figures. Over the period under review, exports recorded a notable expansion. The pace of growth was the most pronounced in 2020 with an increase of 87% against the previous year. As a result, the exports attained the peak of 665 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of isoprene rubber (IR) in primary forms skyrocketed to $4.1M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 29% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

Export of Isoprene Rubber (IR) in Primary Form in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany56864182187815.6%
Canada36138348669124.2%
Thailand3.73.49.2546428.4%
United States20529735240025.0%
Netherlands82.610411828450.9%
France629939268194-32.4%
GeorgiaN/AN/AN/A81.60%
Others6768851,3691,02614.9%
Total2,5243,2523,4234,10217.6%

Top Export Markets for Isoprene Rubber (IR) in Primary Form from the UK in 2022:

  1. France (137.6 tons)
  2. Thailand (88.1 tons)
  3. Germany (84.3 tons)
  4. Georgia (40.0 tons)
  5. United States (10.1 tons)
  6. Netherlands (10.1 tons)
  7. Canada (8.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form in the UK. 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:

    • United Kingdom

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in the UK
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 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. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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