Based on the provided 2024 forecasted data for global imports of Buta-1, 3-Diene and Isoprene, South Korea stands as the leading importer with $713.79 million, followed by China at $523.13 million and the United States at $416.04 million. Over the last two years, significant year-on-year variations include South Korea with a 2.61% increase, China with a 4.03% increase, and the United States with a 1.18% decrease. Notable changes include Singapore at 8.98%, the Czech Republic at 8.22%, and a substantial decrease in Finland at -21.3% and Canada at -12.95%.
Over a longer period, countries like the Netherlands and South Korea show steady growth in imports, while Japan and Belgium reveal a consistent decline. Austria and Switzerland have displayed marked surges recently, with import values increasing by 25.52% and 16.31% respectively.
The year-on-year trends indicate varied import dynamics with some countries increasing their dependence on these chemicals while others show a reduction.
Future trends to watch for include increasing import activity in emerging markets, particularly in Southeast Asia, potential shifts due to geopolitical factors, and evolving trade policies impacting volumes and values. Also, innovative applications of these chemicals in various industries may drive demand.
Top countries in Import of Buta-1, 3-Diene and Isoprene by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 713,790,000 | 2023 | +2.24% | +2.61% | View data |
| 2 | 2 China | 523,130,000 | 2023 | +2.39% | +4.03% | View data |
| 3 | 3 United States | 416,040,000 | 2023 | +0.18% | -1.18% | View data |
| 4 | 4 France | 394,120,000 | 2023 | +0.23% | -0.32% | View data |
| 5 | 5 Malaysia | 250,620,000 | 2023 | +3.8% | +3.55% | View data |
| 6 | 6 Netherlands | 179,730,000 | 2023 | +3.93% | +4.07% | View data |
| 7 | 7 Poland | 108,500,000 | 2023 | +3.64% | +0.4% | View data |
| 8 | 8 Japan | 108,230,000 | 2023 | +2.29% | -9.26% | View data |
| 9 | 9 Belgium | 101,870,000 | 2023 | -2.37% | -4.58% | View data |
| 10 | 10 Germany | 91,236,000 | 2023 | -0.27% | +1.42% | View data |
