Report Saudi Arabia - Buta-1,3-Diene and Isoprene - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Saudi Arabia: Buta-1,3-Diene And Isoprene Market 2024

Buta-1,3-Diene And Isoprene Market Size in Saudi Arabia

The Saudi buta-1,3-diene and isoprene market fell to $X in 2022, which is down by -5.9% against the previous year. In general, consumption, however, saw a prominent expansion. Buta-1,3-diene and isoprene consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Buta-1,3-Diene And Isoprene Production in Saudi Arabia

In value terms, buta-1,3-diene and isoprene production fell to $X in 2022 estimated in export price. Overall, production posted a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 168%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Buta-1,3-Diene And Isoprene Exports

Exports from Saudi Arabia

After six years of decline, shipments abroad of buta-1,3-diene and isoprene increased by 1.1% to X tons in 2020. Over the period under review, exports, however, recorded a abrupt slump. The growth pace was the most rapid in 2013 with an increase of 377% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2020, the growth of the exports failed to regain momentum.

In value terms, buta-1,3-diene and isoprene exports shrank rapidly to $X in 2020. In general, exports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by 585%. As a result, the exports reached the peak of $X. From 2014 to 2020, the growth of the exports failed to regain momentum.

Exports by Country

South Korea (X tons) and China (X tons) were the main destinations of buta-1,3-diene and isoprene exports from Saudi Arabia.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +0.0%).

In value terms, the largest markets for buta-1,3-diene and isoprene exported from Saudi Arabia were South Korea ($X) and China ($X).

In terms of the main countries of destination, China, with a CAGR of -6.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2020, the average buta-1,3-diene and isoprene export price amounted to $X per ton, which is down by -54.8% against the previous year. Over the period under review, the export price showed a noticeable setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 44%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2020, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2020, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to China stood at $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Buta-1,3-Diene And Isoprene Imports

Imports into Saudi Arabia

After two years of growth, overseas purchases of buta-1,3-diene and isoprene decreased by -39% to X tons in 2022. Overall, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 339%. As a result, imports reached the peak of X tons, and then shrank markedly in the following year.

In value terms, buta-1,3-diene and isoprene imports shrank markedly to $X in 2022. Over the period under review, imports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 193%. As a result, imports reached the peak of $X, and then declined significantly in the following year.

Imports by Country

In 2022, South Korea (X tons) was the main buta-1,3-diene and isoprene supplier to Saudi Arabia, accounting for a 97% share of total imports. It was followed by Egypt (X tons), with a 2% share of total imports.

From 2017 to 2022, the average annual rate of growth in terms of volume from South Korea stood at +45.4%.

In value terms, South Korea ($X) constituted the largest supplier of buta-1,3-diene and isoprene to Saudi Arabia, comprising 98% of total imports. The second position in the ranking was held by Egypt ($X), with a 1.4% share of total imports.

From 2017 to 2022, the average annual growth rate of value from South Korea totaled +26.7%.

Import Prices by Country

In 2022, the average buta-1,3-diene and isoprene import price amounted to $X per ton, rising by 9.9% against the previous year. In general, the import price, however, saw a abrupt curtailment. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 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 South Korea ($X per ton), while the price for Egypt totaled $X per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest buta-1,3-diene and isoprene consuming country worldwide, comprising approx. 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. Japan ranked third in terms of total consumption with a 6.2% share.
China remains the largest buta-1,3-diene and isoprene producing country worldwide, 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. The third position in this ranking was occupied by Japan, with a 6% share.
In value terms, India constituted the largest supplier of buta-1,3-diene and isoprene to Saudi Arabia, comprising 90% of total imports. The second position in the ranking was occupied by Egypt, with a 7.5% share of total imports.
In value terms, Taiwan Chinese), South Korea and China were the largest markets for buta-1,3-diene and isoprene exported from Saudi Arabia worldwide, together accounting for 72% of total exports. South Africa, Indonesia and Malaysia lagged somewhat behind, together accounting for a further 24%.
In 2021, the average buta-1,3-diene and isoprene export price amounted to $785 per ton, rising by 4.7% against the previous year.
In 2021, the average buta-1,3-diene and isoprene import price amounted to $2,249 per ton, with an increase of 6.8% against the previous year.

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

  • Saudi Arabia

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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