Belgium: Butanol Market 2025

Butanol Market Size in Belgium

In 2022, after two years of growth, there was significant decline in the Belgian butanol market, when its value decreased by X% to $X. In general, consumption, however, enjoyed resilient growth. As a result, consumption reached the peak level of $X, and then fell in the following year.

Butanol Production in Belgium

In value terms, butanol production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production continues to indicate significant growth. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Butanol Exports

Exports from Belgium

In 2022, overseas shipments of butanol decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, butanol exports rose sharply to $X in 2022. In general, exports showed a perceptible contraction. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for butanol exports from Belgium, with a X% share of total exports. Moreover, butanol exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold. Poland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Poland (X% per year).

In value terms, Germany ($X) remains the key foreign market for butanol exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the average butanol export price amounted to $X per ton, increasing by X% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butanol export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Poland ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Butanol Imports

Imports into Belgium

In 2022, after two years of growth, there was significant decline in purchases abroad of butanol, when their volume decreased by X% to X tons. Overall, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at X tons in 2021, and then contracted notably in the following year.

In value terms, butanol imports shrank slightly to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

South Africa (X tons), France (X tons) and the United States (X tons) were the main suppliers of butanol imports to Belgium, with a combined X% share of total imports. Saudi Arabia, Germany, the UK, the Netherlands and Sweden lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest butanol suppliers to Belgium were South Africa ($X), France ($X) and Saudi Arabia ($X), with a combined X% share of total imports.

In terms of the main suppliers, Saudi Arabia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average butanol import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butanol import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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