Report Update Nov 1, 2024

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

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

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

For the eleventh year in a row, the Latvian buta-1,3-diene and isoprene market recorded growth in sales value, which increased by 5,533% to $X in 2022. Overall, consumption saw a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

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

In value terms, buta-1,3-diene and isoprene production stood at less than $X in 2022 estimated in export price. In general, production recorded a deep slump. The growth pace was the most rapid in 2017 with a decrease of 99.9%. Over the period under review, production attained 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 Latvia

In 2022, approx. X kg of buta-1,3-diene and isoprene were exported from Latvia; declining by -66.7% against the year before. Over the period under review, exports faced a dramatic downturn. Over the period under review, the exports reached the peak figure at X kg in 2021, and then shrank notably in the following year.

In value terms, buta-1,3-diene and isoprene exports shrank notably to $X in 2022. Overall, exports recorded a dramatic setback. The exports peaked at $X in 2021, and then dropped significantly in the following year.

Exports by Country

The Netherlands (X kg) was the main destination for buta-1,3-diene and isoprene exports from Latvia, accounting for a approx. 100% share of total exports.

From 2021 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at -50.0%.

In value terms, the Netherlands ($X) also remains the key foreign market for buta-1,3-diene and isoprene exports from Latvia.

From 2021 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at -6.7%.

Export Prices by Country

The average buta-1,3-diene and isoprene export price stood at $X per ton in 2022, rising by 49% against the previous year. Overall, export price indicated significant growth from 2021 to 2022: its price increased at an average annual rate of +49.1% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2021 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +86.5% per year.

Buta-1,3-Diene And Isoprene Imports

Imports into Latvia

In 2016, buta-1,3-diene and isoprene imports into Latvia totaled X kg, leveling off at 2015. Overall, imports saw a significant expansion. The smallest decline of 99.9% was in 2013. Over the period under review, imports hit record highs in 2016 and are likely to continue growth in years to come.

In value terms, buta-1,3-diene and isoprene imports amounted to $X in 2016. In general, imports recorded a sharp reduction. The smallest decline of 99.9% was in 2013. Imports peaked at $X in 2012; however, from 2013 to 2016, imports failed to regain momentum.

Imports by Country

In 2016, Belgium (X kg) was the main buta-1,3-diene and isoprene supplier to Latvia, with a approx. 100% share of total imports.

From 2012 to 2016, the average annual rate of growth in terms of volume from Belgium was relatively modest.

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

From 2012 to 2016, the average annual rate of growth in terms of value from Belgium was relatively modest.

Import Prices by Country

In 2016, the average buta-1,3-diene and isoprene import price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the import price saw a precipitous decrease. The growth pace was the most rapid in 2013 when the average import price decreased by 99.9%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2016, import prices remained at a lower figure.

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

From 2012 to 2016, the rate of growth in terms of prices for Belgium amounted to 0.0% per year.

Source: IndexBox Platform

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

Latvia

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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