Austria: Butan-1-Ol (N-Butyl Alcohol) Market 2024

Butan-1-Ol (N-Butyl Alcohol) Market Size in Austria

The Austrian butan-1-ol (n-butyl alcohol) market dropped sharply to $X in 2022, falling by -36.8% 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). In general, consumption continues to indicate a pronounced contraction. Butan-1-ol (n-butyl alcohol) consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Butan-1-Ol (N-Butyl Alcohol) Exports

Exports from Austria

After two years of growth, shipments abroad of butan-1-ol (n-butyl alcohol) decreased by -66.1% to X tons in 2022. Overall, exports faced a dramatic downturn. The growth pace was the most rapid in 2016 when exports increased by 571%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, butan-1-ol (n-butyl alcohol) exports shrank markedly to $X in 2022. In general, exports saw a deep downturn. The growth pace was the most rapid in 2016 with an increase of 368% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Serbia (X tons) was the main destination for butan-1-ol (n-butyl alcohol) exports from Austria, accounting for a 68% share of total exports. Moreover, butan-1-ol (n-butyl alcohol) exports to Serbia exceeded the volume sent to the second major destination, Hungary (X kg), fivefold. The third position in this ranking was held by the Czech Republic (X kg), with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Serbia stood at -19.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+12.6% per year) and the Czech Republic (-43.4% per year).

In value terms, Serbia ($X) remains the key foreign market for butan-1-ol (n-butyl alcohol) exports from Austria, comprising 52% of total exports. The second position in the ranking was taken by Hungary ($X), with an 8.3% share of total exports. It was followed by Slovenia, with a 4.4% share.

From 2012 to 2022, the average annual growth rate of value to Serbia amounted to -11.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+25.7% per year) and Slovenia (-22.1% per year).

Export Prices by Country

The average butan-1-ol (n-butyl alcohol) export price stood at $X per ton in 2022, picking up by 30% against the previous year. Overall, the export price showed strong growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 52%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to the Czech Republic ($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 Lithuania (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.

Butan-1-Ol (N-Butyl Alcohol) Imports

Imports into Austria

In 2022, supplies from abroad of butan-1-ol (n-butyl alcohol) decreased by -48.2% to X tons, falling for the third year in a row after two years of growth. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2016 when imports increased by 41%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, butan-1-ol (n-butyl alcohol) imports contracted remarkably to $X in 2022. Overall, imports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 51% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Poland (X tons) constituted the largest butan-1-ol (n-butyl alcohol) supplier to Austria, accounting for a 80% share of total imports. Moreover, butan-1-ol (n-butyl alcohol) imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Poland stood at -3.2%.

In value terms, Poland ($X) constituted the largest supplier of butan-1-ol (n-butyl alcohol) to Austria, comprising 82% of total imports. The second position in the ranking was taken by Germany ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland was relatively modest.

Import Prices by Country

In 2022, the average butan-1-ol (n-butyl alcohol) import price amounted to $X per ton, jumping by 37% against the previous year. Overall, the import price showed a notable expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 86% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+101.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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