Report Update Nov 1, 2024

Iran - Buta-1,3-Diene and Isoprene - Market Analysis, Forecast, Size, Trends and Insights

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

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

The Iranian buta-1,3-diene and isoprene market contracted modestly to $X in 2022, remaining constant against the previous year. Overall, consumption recorded a relatively flat trend pattern. Buta-1,3-diene and isoprene consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, buta-1,3-diene and isoprene production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by 82% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Buta-1,3-Diene And Isoprene Exports

Exports from Iran

In 2022, buta-1,3-diene and isoprene exports from Iran expanded modestly to X tons, increasing by 1.7% on 2021 figures. In general, exports, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2019 when exports increased by 1,034%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, buta-1,3-diene and isoprene exports dropped to $X in 2022. Overall, exports, however, recorded a abrupt slump. The growth pace was the most rapid in 2019 when exports increased by 876% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons) were the main destinations of buta-1,3-diene and isoprene exports from Iran, together accounting for 100% of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +5.6%), while shipments for the other leaders experienced a decline.

In value terms, China ($X), South Korea ($X) and Taiwan (Chinese) ($X) appeared to be the largest markets for buta-1,3-diene and isoprene exported from Iran worldwide, with a combined 100% share of total exports.

Among the main countries of destination, China, with a CAGR of -5.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average buta-1,3-diene and isoprene export price amounted to $X per ton, waning by -15% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 an increase of 42% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Russia ($X 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 Taiwan (Chinese) (+9.2%), while the prices for the other major destinations experienced a decline.

Buta-1,3-Diene And Isoprene Imports

Imports into Iran

In 2021, after three years of decline, there was decline in overseas purchases of buta-1,3-diene and isoprene, when their volume decreased by 0% to X tons. In general, imports recorded a sharp downturn. The smallest decline of -90.5% was in 2018. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, buta-1,3-diene and isoprene imports amounted to $X in 2021. Over the period under review, imports recorded a dramatic slump. The smallest decline of -86.5% was in 2018. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) was the main supplier of buta-1,3-diene and isoprene to Iran, accounting for a approx. 100% share of total imports.

From 2015 to 2021, the average annual growth rate of volume from Turkey was relatively modest.

In value terms, Turkey ($X) constituted the largest supplier of buta-1,3-diene and isoprene to Iran.

From 2015 to 2021, the average annual growth rate of value from Turkey was relatively modest.

Import Prices by Country

The average buta-1,3-diene and isoprene import price stood at $X per ton in 2021, standing approx. at the previous year. Overall, the import price showed a pronounced increase. The pace of growth was the most pronounced in 2018 an increase of 42%. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2015 to 2021, the rate of growth in terms of prices for South Korea amounted to +3.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for buta-1,3-diene and isoprene in the world?

The country with the largest volume of buta-1,3-diene and isoprene consumption was China, accounting for 19% of total volume. Moreover, buta-1,3-diene and isoprene consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Japan, with a 6.2% share.

What are the largest producers of buta-1,3-diene and isoprene in the world?

China constituted the country with the largest volume of buta-1,3-diene and isoprene production, comprising approx. 18% of total volume. Moreover, buta-1,3-diene and isoprene production in China exceeded the figures recorded by the second-largest producer, India, twofold. Japan ranked third in terms of total production with a 6% share.

What are the leading suppliers of buta-1,3-diene and isoprene to Iran?

In value terms, Turkey constituted the largest supplier of buta-1,3-diene and isoprene to Iran.

What are the leading importers of buta-1,3-diene and isoprene from Iran?

In value terms, the largest markets for buta-1,3-diene and isoprene exported from Iran were China, South Korea and Taiwan Chinese), together comprising 98% of total exports.

What is the average export price for buta-1,3-diene and isoprene in Iran?

In 2021, the average buta-1,3-diene and isoprene export price amounted to $861 per ton, picking up by 24% against the previous year.

What is the average import price for buta-1,3-diene and isoprene in Iran?

The average buta-1,3-diene and isoprene import price stood at $1,460 per ton in 2021, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the buta-1,3-diene and isoprene market in Iran. 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:

Prodcom 20141160 - Buta-1,3-diene and isoprene

Country coverage:

Iran

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iran
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
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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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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