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

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

In 2022, the French buta-1,3-diene and isoprene market increased by 1.1% to $X, rising for the second consecutive year after two years of decline. Overall, consumption showed a pronounced slump. Buta-1,3-diene and isoprene consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, buta-1,3-diene and isoprene production reached $X in 2022 estimated in export price. In general, production showed a abrupt setback. The pace of growth appeared the most rapid in 2018 with an increase of 48%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Buta-1,3-Diene And Isoprene Exports

Exports from France

In 2022, the amount of buta-1,3-diene and isoprene exported from France shrank sharply to X tons, dropping by -32.8% against 2021. Overall, exports recorded a deep setback. The most prominent rate of growth was recorded in 2013 when exports increased by 78% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, buta-1,3-diene and isoprene exports fell sharply to $X in 2022. Over the period under review, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 160%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for buta-1,3-diene and isoprene exports from France, accounting for a 41% share of total exports. Moreover, buta-1,3-diene and isoprene exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Belgium (X tons), with a 17% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands stood at +5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+6.0% per year) and Belgium (-2.3% per year).

In value terms, the Netherlands ($X) remains the key foreign market for buta-1,3-diene and isoprene exports from France, comprising 42% of total exports. The second position in the ranking was taken by the UK ($X), with a 19% share of total exports. It was followed by Germany, with a 15% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled -1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-12.4% per year) and Germany (+2.0% per year).

Export Prices by Country

In 2022, the average buta-1,3-diene and isoprene export price amounted to $X per ton, reducing by -3% against the previous year. Overall, the export price saw a deep reduction. The pace of growth appeared the most rapid in 2017 an increase of 87% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the UK ($X per ton) and the United States ($X per ton), while the average price for exports to Belgium ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.8%), while the prices for the other major destinations experienced a decline.

Buta-1,3-Diene And Isoprene Imports

Imports into France

In 2022, overseas purchases of buta-1,3-diene and isoprene increased by 1.1% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 41%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, buta-1,3-diene and isoprene imports amounted to $X in 2022. Overall, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 156%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Belgium (X tons) were the main suppliers of buta-1,3-diene and isoprene imports to France, together comprising 99% of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +45.0%), while purchases for the other leaders experienced a decline.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) were the largest buta-1,3-diene and isoprene suppliers to France, with a combined 99% share of total imports.

Belgium, with a CAGR of +28.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average buta-1,3-diene and isoprene import price amounted to $X per ton, picking up by 12% against the previous year. In general, the import price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 82% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-5.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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