Buta-1,3-diene and isoprene market in Italy

Earlier Report Observations

The market volume for buta-1,3-diene and isoprene in Italy, measured in metric tons, showed significant fluctuations between 2018 and 2022. It reached a peak of 47 464 metric tons in 2020, representing a 38% increase from the previous year, before declining to 36 738 metric tons in 2021 and 32 648 metric tons in 2022.

Trade data for 2023 and 2024 indicate a shift, with imports rising to 22 894 metric tons in 2024 from 15 248 metric tons in 2023, while exports dropped to zero. This change aligned with increased global demand for synthetic rubbers derived from butadiene, spurred by European fuel-efficiency regulations and the expansion of electric vehicle production, which heightened demand for buta-1,3-diene and isoprene in the Italian market.

Production buta-1,3-diene and isoprene in Italy

In value, 2017-2020, K $ US

Italy's production of buta-1,3-diene and isoprene declined for the second year in a row. In 2020, output was valued at 15 220 K $ US, showing a significant drop of 12.9% compared to 2019. Production fell by 70% between 2017 and 2020, which translates to an annualized decline rate of 33.1%. The highest value was recorded in 2018 at 52 137 K $ US. The largest decrease occurred in 2019, with a 66.5% drop, while the largest increase was in 2018 at 2.7%.

Annual dynamics of production in Italy in value, 2017-2020, K $ US

In kind, 2017-2020, t

In 2020, Italy produced 19 833 t of buta-1,3-diene and isoprene, marking a strong year-over-year increase of 24.5%. Over the 2017-2020 period, production decreased by 25.2%, with a compound annual growth rate (CAGR) of -9.2%. The lowest output was in 2019 at 15 925 t, and the highest was in 2018 at 38 489 t. The largest decline was in 2019, down 58.6%, while the largest increase was in 2018, up 45.1%.

Annual dynamics of production in Italy in kind, 2017-2020, t

Exports buta-1,3-diene and isoprene from Italy

Exports in kind, t

The data shows irregular changes, pointing to a volatile market environment. Exports varied significantly, with a 4.7-fold difference between the high in 2018 and the low in 2019. In 2020, deliveries from Italy reached 10 175 t, up 47.8% compared to 2019. The minimum value was recorded in 2019 at 6 886 t, and the maximum in 2018 at 32 474 t. The largest decline occurred in 2019, falling 78.8%, while the largest increase was in 2018, rising 147.2%.

Annual dynamics of product's exports from Italy in kind, 2017-2020, t

From 2017 to 2020, South Korea, the United States, and China were the leading destinations for Italy's exports in kind. South Korea accounted for 41.5% of exports, the United States for 32.7%, and China for 7.2%. Together, these three countries made up 81.4% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Italy in kind, 2017-2020

Exports in value, K $ US

Market performance showed noticeable fluctuations during this period. Export volumes peaked in 2018 and hit their lowest point in 2019, with a 5.9-fold difference between these years. In 2020, exports amounted to 8 851 K $ US, representing a robust increase of 14.2% compared to the previous year. The minimum value was in 2019 at 7 754 K $ US, and the maximum in 2018 at 45 459 K $ US. The largest decline was in 2019, down 82.9%, while the largest increase was in 2018, up 107.0%.

Annual dynamics of product's exports from Italy in value, 2017-2020, K $ US

Throughout 2017-2020, South Korea, the United States, and Mexico were the key partners for Italy's exports in value terms. South Korea contributed 31.6% of exports, the United States 31.2%, and Mexico 10.5%. Combined, these three countries accounted for 73.3% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Italy in value, 2017-2020

Imports buta-1,3-diene and isoprene to Italy

Imports in kind, t

Italy imported a total of value_last_year} t of buta-1,3-diene and isoprene in 2020, showing a steep gain of 49.5% compared to the previous year. Between 2017 and 2020, imports increased by 54%, equating to an annualized growth rate of 15.5%. The largest decline was recorded in 2019, down 2.8%.

Annual dynamics of product's imports to Italy in kind, 2017-2020, t

From 2017 to 2020, Austria, Germany, and the Netherlands were the top suppliers of buta-1,3-diene and isoprene to Italy. Austria accounted for 27.7% of imports in kind, Germany for 24.9%, and the Netherlands for 16.2%. Together, these three countries made up 68.7% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Italy in kind, 2017-2020

Imports in value, K $ US

In 2020, Italy's import volume of buta-1,3-diene and isoprene amounted to 30 215 K $ US, marking a moderate increase of 9.7% compared to 2019. Over the 2017-2020 period, imports decreased by 4.2%, with a compound annual growth rate (CAGR) of -1.4%. The minimum value was in 2019 at 27 538 K $ US, and the maximum in 2018 at 34 746 K $ US. The largest decline was in 2019, down 20.7%, while the largest increase was in 2018, up 10.2%.

Annual dynamics of product's imports to Italy in value, 2017-2020, K $ US

Over 2017-2020, Germany, Austria, and Asia, not elsewhere specified, were the main suppliers of buta-1,3-diene and isoprene to Italy in value terms. Germany accounted for 24.7% of imports, Austria for 21.2%, and Asia, not elsewhere specified, for 18.9%. Together, these three sources comprised 64.8% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Italy in value, 2017-2020