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

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

The Swiss buta-1,3-diene and isoprene market expanded significantly to $X in 2022, surging by 13% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a buoyant expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Buta-1,3-Diene And Isoprene Exports

Exports from Switzerland

In 2022, the amount of buta-1,3-diene and isoprene exported from Switzerland declined dramatically to X kg, waning by -63.1% compared with the previous year's figure. Overall, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by 391%. As a result, the exports reached the peak of X tons, and then contracted dramatically in the following year.

In value terms, buta-1,3-diene and isoprene exports expanded markedly to $X in 2022. Over the period under review, exports saw a slight downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 402%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X kg), South Africa (X kg) and the United States (X kg) were the main destinations of buta-1,3-diene and isoprene exports from Switzerland, together comprising 98% 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 United States (with a CAGR of +48.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for buta-1,3-diene and isoprene exported from Switzerland were Germany ($X), South Africa ($X) and the United States ($X), with a combined 98% share of total exports.

South Africa, with a CAGR of +1,441.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average buta-1,3-diene and isoprene export price stood at $X per ton in 2022, with an increase of 196% against the previous year. Over the period under review, the export price, however, recorded a deep contraction. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the United States ($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 South Africa (+9,820.3%), while the prices for the other major destinations experienced a decline.

Buta-1,3-Diene And Isoprene Imports

Imports into Switzerland

In 2022, purchases abroad of buta-1,3-diene and isoprene decreased by -4.2% to X tons, falling for the second year in a row after two years of growth. Overall, imports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2019 when imports increased by 325%. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, buta-1,3-diene and isoprene imports surged to $X in 2022. In general, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2019 with an increase of 139% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of buta-1,3-diene and isoprene to Switzerland, with a 77% share of total imports. Moreover, buta-1,3-diene and isoprene imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +60.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+40.9% per year) and Japan (+3.9% per year).

In value terms, China ($X) constituted the largest supplier of buta-1,3-diene and isoprene to Switzerland, comprising 71% of total imports. The second position in the ranking was held by Germany ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +71.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+25.5% per year) and Japan (+1.5% per year).

Import Prices by Country

The average buta-1,3-diene and isoprene import price stood at $X per ton in 2022, growing by 36% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 106%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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