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

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

The Cameroonian butan-1-ol (n-butyl alcohol) market amounted to $X in 2022, with an increase of 2.4% against the previous year. Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.3% against 2020 indices. Butan-1-ol (n-butyl alcohol) consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Butan-1-Ol (N-Butyl Alcohol) Production in Cameroon

In value terms, butan-1-ol (n-butyl alcohol) production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 21% against the previous year. Butan-1-ol (n-butyl alcohol) production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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

Exports from Cameroon

In 2022, overseas shipments of butan-1-ol (n-butyl alcohol) were finally on the rise to reach X tons after four years of decline. Over the period under review, total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -28.0% against 2017 indices. The growth pace was the most rapid in 2014 with an increase of 20%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, butan-1-ol (n-butyl alcohol) exports rose sharply to $X in 2022. In general, exports, however, faced a abrupt contraction. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Equatorial Guinea (X tons) was the main destination for butan-1-ol (n-butyl alcohol) exports from Cameroon, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Equatorial Guinea totaled +6.0%.

In value terms, Equatorial Guinea ($X) also remains the key foreign market for butan-1-ol (n-butyl alcohol) exports from Cameroon.

From 2012 to 2022, the average annual growth rate of value to Equatorial Guinea amounted to -12.0%.

Export Prices by Country

In 2022, the average butan-1-ol (n-butyl alcohol) export price amounted to $X per ton, with an increase of 3% against the previous year. Overall, the export price, however, faced a abrupt downturn. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Equatorial Guinea.

From 2012 to 2022, the rate of growth in terms of prices for Equatorial Guinea amounted to -17.0% per year.

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

Imports into Cameroon

Butan-1-ol (n-butyl alcohol) imports into Cameroon soared to X tons in 2022, with an increase of 20% against the previous year's figure. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 899%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, butan-1-ol (n-butyl alcohol) imports shrank to $X in 2022. Overall, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2019 when imports increased by 864%. Over the period under review, imports attained the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Singapore (X tons) constituted the largest butan-1-ol (n-butyl alcohol) supplier to Cameroon, accounting for a 37% share of total imports. Moreover, butan-1-ol (n-butyl alcohol) imports from Singapore exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. South Africa (X tons) ranked third in terms of total imports with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Singapore stood at +35.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (0.0% per year) and South Africa (-5.5% per year).

In value terms, Singapore ($X) constituted the largest supplier of butan-1-ol (n-butyl alcohol) to Cameroon, comprising 40% of total imports. The second position in the ranking was held by China ($X), with a 14% share of total imports. It was followed by South Africa, with a 4.1% share.

From 2012 to 2022, the average annual growth rate of value from Singapore stood at +57.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (0.0% per year) and South Africa (-9.8% per year).

Import Prices by Country

The average butan-1-ol (n-butyl alcohol) import price stood at $X per ton in 2022, reducing by -26.9% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butan-1-ol (n-butyl alcohol) import price increased by +28.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 76%. As a result, import price attained the peak level of $X per ton, and then contracted significantly in the following year.

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 Singapore ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+17.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform