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

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

In 2022, the German buta-1,3-diene and isoprene market increased by 7.2% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, continues to indicate a perceptible 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 Germany

In value terms, buta-1,3-diene and isoprene production amounted to $X in 2022 estimated in export price. In general, production saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 99%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Buta-1,3-Diene And Isoprene Exports

Exports from Germany

Buta-1,3-diene and isoprene exports from Germany contracted remarkably to X tons in 2022, shrinking by -22.3% on the year before. Over the period under review, exports recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, buta-1,3-diene and isoprene exports fell notably to $X in 2022. In general, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 80%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons), the Netherlands (X tons) and the Czech Republic (X tons) were the main destinations of buta-1,3-diene and isoprene exports from Germany, with a combined 74% share of total exports.

From 2012 to 2022, 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 +17.9%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for buta-1,3-diene and isoprene exports from Germany, comprising 38% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 19% share of total exports. It was followed by the Czech Republic, with a 16% share.

From 2012 to 2022, the average annual growth rate of value to France totaled -10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-14.1% per year) and the Czech Republic (+13.5% per year).

Export Prices by Country

The average buta-1,3-diene and isoprene export price stood at $X per ton in 2022, surging by 6.7% against the previous year. Overall, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 70% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($X per ton) and the Czech Republic ($X per ton), while the average price for exports to the Netherlands ($X per ton) and Belgium ($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 Czech Republic (-3.8%), while the prices for the other major destinations experienced a decline.

Buta-1,3-Diene And Isoprene Imports

Imports into Germany

In 2022, the amount of buta-1,3-diene and isoprene imported into Germany reduced remarkably to X tons, dropping by -35.4% against the previous year's figure. Overall, imports saw a slight contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 83% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, buta-1,3-diene and isoprene imports reduced dramatically to $X in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 110%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Hungary (X tons) were the main suppliers of buta-1,3-diene and isoprene imports to Germany, together accounting for 97% of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +87.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), Belgium ($X) and Hungary ($X) were the largest buta-1,3-diene and isoprene suppliers to Germany, together comprising 96% of total imports.

Belgium, with a CAGR of +57.9%, saw 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 mixed trend patterns.

Import Prices by Country

The average buta-1,3-diene and isoprene import price stood at $X per ton in 2022, with an increase of 18% against the previous year. In general, the import price, however, recorded a deep setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 53%. 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 stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Austria ($X per ton) and the Netherlands ($X per ton), while the price for Hungary ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (-2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :