Austria: Buta-1,3-Diene And Isoprene Market 2024

Buta-1,3-Diene And Isoprene Market Size in Austria

In 2022, the Austrian buta-1,3-diene and isoprene market increased by 3.4% to $X, rising for the second consecutive year after three years of decline. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Buta-1,3-Diene And Isoprene Production in Austria

In value terms, buta-1,3-diene and isoprene production contracted slightly to $X in 2022 estimated in export price. In general, production, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of 37%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Buta-1,3-Diene And Isoprene Exports

Exports from Austria

For the third year in a row, Austria recorded growth in shipments abroad of buta-1,3-diene and isoprene, which increased by 3.7% to X tons in 2014. The total export volume increased at an average annual rate of +6.7% from 2012 to 2014; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 9.7% against the previous year. Over the period under review, the exports hit record highs in 2014 and are likely to continue growth in years to come.

In value terms, buta-1,3-diene and isoprene exports dropped to $X in 2014. Over the period under review, exports, however, faced a precipitous setback. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2014, the exports remained at a lower figure.

Exports by Country

Poland (X tons), Germany (X tons) and Russia (X tons) were the main destinations of buta-1,3-diene and isoprene exports from Austria, together comprising 76% of total exports. Italy, the Czech Republic, France and Belgium lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2014, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +260.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for buta-1,3-diene and isoprene exported from Austria were Poland ($X), Germany ($X) and Russia ($X), together accounting for 77% of total exports.

Russia, with a CAGR of +279.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2014, the average buta-1,3-diene and isoprene export price amounted to $X per ton, declining by -16.4% against the previous year. Overall, the export price showed a dramatic slump. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2014, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2014, amid the top suppliers, the highest price was recorded for prices to Russia ($X per ton) and Germany ($X per ton), while the average price for exports to France ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

From 2012 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+8.0%), while the prices for the other major destinations experienced a decline.

Buta-1,3-Diene And Isoprene Imports

Imports into Austria

In 2022, approx. X tons of buta-1,3-diene and isoprene were imported into Austria; growing by 217% compared with the previous year's figure. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 133,706% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, buta-1,3-diene and isoprene imports surged to $X in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 185,282% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Denmark (X tons) were the main suppliers of buta-1,3-diene and isoprene imports to Austria, with a combined 96% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +184.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Denmark ($X) appeared to be the largest buta-1,3-diene and isoprene suppliers to Austria, together comprising 97% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +180.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average buta-1,3-diene and isoprene import price amounted to $X per ton, rising by 6.9% against the previous year. Overall, the import price showed a remarkable increase. The pace of growth appeared the most rapid in 2017 an increase of 100% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :