Report Update Nov 1, 2024

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

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Russian Federation: Buta-1,3-Diene And Isoprene Market 2024

Buta-1,3-Diene And Isoprene Market Size in the Russian Federation

The Russian buta-1,3-diene and isoprene market declined modestly to $X in 2022, shrinking by -4.5% against the previous year. Overall, consumption, however, continues to indicate a deep downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Buta-1,3-Diene And Isoprene Production in the Russian Federation

In value terms, buta-1,3-diene and isoprene production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 26%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Buta-1,3-Diene And Isoprene Exports

Exports from the Russian Federation

After three years of decline, shipments abroad of buta-1,3-diene and isoprene increased by 51% to X tons in 2022. Overall, exports, however, saw a sharp slump. The most prominent rate of growth was recorded in 2014 when exports increased by 54%. Over the period under review, the exports attained the peak figure 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 amounted to $X in 2022. In general, exports, however, faced a significant decline. The most prominent rate of growth was recorded in 2014 with an increase of 30%. 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

India (X tons) was the main destination for buta-1,3-diene and isoprene exports from Russia, accounting for a 72% share of total exports. Moreover, buta-1,3-diene and isoprene exports to India exceeded the volume sent to the second major destination, Germany (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to India stood at -59.9%.

In value terms, India ($X) emerged as the key foreign market for buta-1,3-diene and isoprene exports from Russia, comprising 78% of total exports. The second position in the ranking was held by Germany ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to India stood at -61.9%.

Export Prices by Country

The average buta-1,3-diene and isoprene export price stood at $X per ton in 2022, declining by -29% against the previous year. In general, the export price recorded a abrupt contraction. The growth pace was the most rapid in 2021 when the average export price increased by 76% against the previous year. Over the period under review, the average export prices attained the maximum 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 export markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Germany totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-4.9%), while the prices for the other major destinations experienced a decline.

Buta-1,3-Diene And Isoprene Imports

Imports into the Russian Federation

In 2022, overseas purchases of buta-1,3-diene and isoprene increased by 51% to X tons, rising for the third consecutive year after two years of decline. In general, imports posted a modest increase. The growth pace was the most rapid in 2020 when imports increased by 172% against the previous year. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, buta-1,3-diene and isoprene imports declined to $X in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 250% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Egypt (X tons) and Finland (X tons) were the main suppliers of buta-1,3-diene and isoprene imports to Russia.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +64.8%).

In value terms, Finland ($X) and Egypt ($X) appeared to be the largest buta-1,3-diene and isoprene suppliers to Russia.

In terms of the main suppliers, Egypt, with a CAGR of +40.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the average buta-1,3-diene and isoprene import price amounted to $X per ton, which is down by -36.6% against the previous year. Over the period under review, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 42%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Egypt amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+12.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China constituted the country with the largest volume of buta-1,3-diene and isoprene consumption, 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?

The country with the largest volume of buta-1,3-diene and isoprene production was China, accounting for 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 the Russian Federation?

In value terms, Hungary, Finland and the Netherlands were the largest buta-1,3-diene and isoprene suppliers to Russia, with a combined 81% share of total imports.

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

In value terms, Germany remains the key foreign market for buta-1,3-diene and isoprene exports from Russia.

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

The average buta-1,3-diene and isoprene export price stood at $1,620 per ton in 2021, waning by -10.8% against the previous year.

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

In 2021, the average buta-1,3-diene and isoprene import price amounted to $978 per ton, which is down by -46.3% against the previous year.

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

Russia

Data coverage:

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