Report Update Nov 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

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

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

In 2022, the Thai buta-1,3-diene and isoprene market decreased by -1.5% to $X, falling for the fourth consecutive year after four years of growth. Over the period under review, consumption recorded a relatively flat trend pattern. Buta-1,3-diene and isoprene consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

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

In value terms, buta-1,3-diene and isoprene production contracted to $X in 2022 estimated in export price. In general, production saw a slight shrinkage. The growth pace was the most rapid in 2017 with an increase of 31%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Buta-1,3-Diene And Isoprene Exports

Exports from Thailand

In 2022, buta-1,3-diene and isoprene exports from Thailand reduced sharply to X tons, which is down by -18.1% on 2021. In general, exports showed a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 83%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, buta-1,3-diene and isoprene exports shrank notably to $X in 2022. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 139% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Taiwan (Chinese) (X tons), China (X tons) and South Korea (X tons) were the main destinations of buta-1,3-diene and isoprene exports from Thailand, together comprising 85% 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 Taiwan (Chinese) (with a CAGR of +9.0%), while the other leaders experienced mixed trend patterns.

In value terms, Taiwan (Chinese) ($X) remains the key foreign market for buta-1,3-diene and isoprene exports from Thailand, comprising 49% of total exports. The second position in the ranking was taken by China ($X), with a 21% share of total exports. It was followed by South Korea, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Taiwan (Chinese) stood at +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-12.2% per year) and South Korea (-9.9% per year).

Export Prices by Country

The average buta-1,3-diene and isoprene export price stood at $X per ton in 2022, with a decrease of -5.1% against the previous year. Over the period under review, the export price showed a abrupt contraction. The growth pace was the most rapid in 2017 an increase of 51%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($X per ton) and Malaysia ($X per ton), while the average price for exports to the United States ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+1.1%), while the prices for the other major destinations experienced a decline.

Buta-1,3-Diene And Isoprene Imports

Imports into Thailand

In 2022, supplies from abroad of buta-1,3-diene and isoprene decreased by -44.1% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of 158%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, buta-1,3-diene and isoprene imports shrank notably to $X in 2022. In general, imports continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2019 when imports increased by 90% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Singapore (X tons) was the main supplier of buta-1,3-diene and isoprene to Thailand, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Singapore amounted to -11.3%.

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

From 2012 to 2022, the average annual rate of growth in terms of value from Singapore totaled -25.1%.

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 -1.8% against the previous year. In general, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 27%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to -6.4% per year.

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. Japan ranked third in terms of total consumption 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, 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 Thailand?

In value terms, South Korea $73) constituted the largest supplier of buta-1,3-diene and isoprene to Thailand.

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

In value terms, Australia, China and South Korea were the largest markets for buta-1,3-diene and isoprene exported from Thailand worldwide, together accounting for 72% of total exports.

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

In 2019, the average buta-1,3-diene and isoprene export price amounted to $1,149 per ton, dropping by -17.4% against the previous year.

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

In 2021, the average buta-1,3-diene and isoprene import price amounted to $72,730 per ton, with an increase of 5,662% against the previous year.

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

Thailand

Data coverage:

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