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

Butan-1-Ol (N-Butyl Alcohol) Market Size in the Czech Republic

The Czech butan-1-ol (n-butyl alcohol) market expanded significantly to $X in 2022, surging by 14% against the previous year. Overall, consumption, however, recorded a remarkable increase. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Butan-1-Ol (N-Butyl Alcohol) Production in the Czech Republic

In value terms, butan-1-ol (n-butyl alcohol) production rose significantly to $X in 2022 estimated in export price. Overall, production continues to indicate prominent growth. The pace of growth was the most pronounced in 2017 when the production volume increased by 435% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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

Exports from the Czech Republic

Butan-1-ol (n-butyl alcohol) exports from the Czech Republic soared to X tons in 2022, picking up by 117% on the previous year. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,437%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, butan-1-ol (n-butyl alcohol) exports surged to $X in 2022. In general, exports posted a significant increase. The growth pace was the most rapid in 2017 with an increase of 1,460% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Belgium (X tons), France (X tons) and Italy (X tons) were the main destinations of butan-1-ol (n-butyl alcohol) exports from the Czech Republic, with a combined 81% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +68.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), France ($X) and Italy ($X) constituted the largest markets for butan-1-ol (n-butyl alcohol) exported from the Czech Republic worldwide, with a combined 77% share of total exports. Slovakia and Germany lagged somewhat behind, together comprising a further 23%.

Among the main countries of destination, Germany, with a CAGR of +44.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average butan-1-ol (n-butyl alcohol) export price amounted to $X per ton, falling by -46.3% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 264% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Slovakia ($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 Germany (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into the Czech Republic

In 2022, after two years of growth, there was significant decline in overseas purchases of butan-1-ol (n-butyl alcohol), when their volume decreased by -21.6% to X tons. Over the period under review, imports saw a mild downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 11%. Imports peaked at X tons in 2021, and then declined rapidly in the following year.

In value terms, butan-1-ol (n-butyl alcohol) imports expanded sharply to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Poland (X tons), Germany (X tons) and Saudi Arabia (X tons) were the main suppliers of butan-1-ol (n-butyl alcohol) imports to the Czech Republic, together comprising 92% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of +3,764.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Saudi Arabia ($X) constituted the largest butan-1-ol (n-butyl alcohol) suppliers to the Czech Republic, with a combined 92% share of total imports.

In terms of the main suppliers, Saudi Arabia, with a CAGR of +2,024.9%, 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

In 2022, the average butan-1-ol (n-butyl alcohol) import price amounted to $X per ton, surging by 45% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.8% 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 +113.6% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 48%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($X per ton) and South Africa ($X per ton), while the price for Saudi Arabia ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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