China - Butanol - Market Analysis, Forecast, Size, Trends And Insights
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View PricingButanol Prices in China
China Butanol Import Price in September 2022
In September 2022, the butanol price amounted to $881 per ton (CIF, China), reducing by -15.5% against the previous month. In general, the import price recorded a perceptible decrease. The most prominent rate of growth was recorded in June 2022 an increase of 13% month-to-month. As a result, import price attained the peak level of $1,359 per ton. From July 2022 to September 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($983 per ton), while the price for Russia ($588 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.6%), while the prices for the other major suppliers experienced a decline.
China Butanol Import Prices by Type
Average prices varied noticeably amongst the major supplied products. In September 2022, the product with the highest price was butan-1-ol (n-butyl alcohol) ($929 per ton), while the price for butanols (excluding butan-1-ol (n-butyl alcohol)) amounted to $772 per ton.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by butan-1-ol (n-butyl alcohol) (-4.4%).
China Butanol Imports
In September 2022, approximately 28K tons of butanol were imported into China; which is down by -21.8% compared with August 2022 figures. In general, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in August 2022 with an increase of 82% month-to-month. As a result, imports attained the peak of 35K tons, and then declined notably in the following month.
In value terms, butanol imports dropped sharply to $24M (IndexBox estimates) in September 2022. Over the period under review, imports, however, recorded a measured increase. The pace of growth appeared the most rapid in March 2022 with an increase of 85% m-o-m. Over the period under review, imports hit record highs at 37K tons in August 2022, and then contracted rapidly in the following month.
China Butanol Imports by Type
In September 2022, butan-1-ol (n-butyl alcohol) (19K tons) constituted the largest type of butanol supplied to China, with a 69% share of total imports. Moreover, butan-1-ol (n-butyl alcohol) exceeded the figures recorded for the second-largest type, butanols (excluding butan-1-ol (n-butyl alcohol)) (8.5K tons), twofold.
From January 2022 to September 2022, the average monthly rate of growth in terms of the volume of import of butan-1-ol (n-butyl alcohol) totaled +9.8%.
In value terms, butan-1-ol (n-butyl alcohol) ($18M) constituted the largest type of butanol supplied to China, comprising 73% of total imports. The second position in the ranking was held by butanols (excluding butan-1-ol (n-butyl alcohol)) ($6.6M), with a 27% share of total imports.
China Butanol Imports by Country
In September 2022, Taiwan (Chinese) (13K tons) constituted the largest butanol supplier to China, with a 47% share of total imports. Moreover, butanol imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Malaysia (4.3K tons), threefold. Russia (3.4K tons) ranked third in terms of total imports with a 12% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of volume from Taiwan (Chinese) totaled +8.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Malaysia (+11.9% per month) and Russia (+37.0% per month).
In value terms, Taiwan (Chinese) ($13M) constituted the largest supplier of butanol to China, comprising 53% of total imports. The second position in the ranking was taken by Malaysia ($3.8M), with a 16% share of total imports. It was followed by Saudi Arabia, with a 12% share.
From January 2022 to September 2022, the average monthly growth rate of value from Taiwan (Chinese) stood at +4.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Malaysia (+7.2% per month) and Saudi Arabia (-1.2% per month).
This report provides an in-depth analysis of the butanol market in China. 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 20142230 - Butan-1-ol (n-butyl alcohol)
- Prodcom 20142240 - Butanols (excluding butan-1-ol (n-butyl alcohol))
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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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
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- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In January 2023, there was a significant growth spurt with imports of Octyl Alcohol rising by 183% month-on-month. By June 2023, the value of Octyl Alcohol imports reached $32M.
In February 2023, the price of propylene glycol held relatively steady at $1,165 per ton, on an FOB basis in China, unchanged from the previous month.
In September 2022, the propylene glycol price amounted to $1,416 per ton (FOB, China), with a decrease of -4.9% against the previous month.
Exports of Sorbitol decreased slightly to $15M in June 2023.
In September 2022, the methanol price amounted to $303 per ton (CIF, China), almost unchanged from the previous month.
Explore the world's best import markets for butanol, including China, Belgium, Germany, and more. Gain insights into key statistics and market trends. Read now on IndexBox.
The global butanol market is forecast to see a pronounced recovery in 2021. The increased demand for butyl acetate and butyl acrylate, which together comprise over half of the butanol consumption, emerges as a key butanol market driver amid the current construction boom in Asia, the U.S., Russia and Europe. The use of butanol as an alternative fuel may also accelerate the market expansion. The possibility to derive biobutanol from food waste and the emerging technology to obtain butanol from CO2 shape promising investment prospects, following the shift to a circular economy.
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