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

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

The Czech market for butanols (excluding butan-1-ol (n-butyl alcohol)) soared to $X in 2022, growing by 21% against the previous year. Overall, consumption saw a prominent increase. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

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

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) production surged to $X in 2022 estimated in export price. Overall, production recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 124%. Butanols (excluding butan-1-ol (n-butyl alcohol)) production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol))

Exports from the Czech Republic

In 2022, approx. X tons of butanols (excluding butan-1-ol (n-butyl alcohol)) were exported from the Czech Republic; which is down by -76.1% on the year before. Over the period under review, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 1,155% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then shrank markedly in the following year.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) exports fell rapidly to $X in 2022. In general, exports, however, enjoyed prominent growth. The growth pace was the most rapid in 2016 when exports increased by 1,350%. The exports peaked at $X in 2021, and then shrank significantly in the following year.

Exports by Country

Italy (X tons) was the main destination for butanols (excluding butan-1-ol (n-butyl alcohol)) exports from the Czech Republic, accounting for a 93% share of total exports. Moreover, butanols (excluding butan-1-ol (n-butyl alcohol)) exports to Italy exceeded the volume sent to the second major destination, Slovakia (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy totaled +121.3%.

In value terms, Italy ($X) emerged as the key foreign market for butanols (excluding butan-1-ol (n-butyl alcohol)) exports from the Czech Republic, comprising 93% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 4.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy stood at +84.3%.

Export Prices by Country

The average export price for butanols (excluding butan-1-ol (n-butyl alcohol)) stood at $X per ton in 2022, picking up by 32% against the previous year. Over the period under review, the export price enjoyed a notable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 174% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Slovakia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+8.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol))

Imports into the Czech Republic

In 2022, approx. X tons of butanols (excluding butan-1-ol (n-butyl alcohol)) were imported into the Czech Republic; declining by -6.9% compared with 2021 figures. Over the period under review, total imports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 93% against the previous year. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) imports dropped to $X in 2022. In general, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 100%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of butanols (excluding butan-1-ol (n-butyl alcohol)) to the Czech Republic, accounting for a 63% share of total imports. Moreover, butanols (excluding butan-1-ol (n-butyl alcohol)) imports from Germany exceeded the figures recorded by the second-largest supplier, Brazil (X tons), sixfold. Russia (X tons) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (0.0% per year) and Russia (+11.5% per year).

In value terms, Germany ($X) constituted the largest supplier of butanols (excluding butan-1-ol (n-butyl alcohol)) to the Czech Republic, comprising 68% of total imports. The second position in the ranking was taken by Brazil ($X), with an 11% share of total imports. It was followed by Poland, with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (0.0% per year) and Poland (-12.7% per year).

Import Prices by Country

The average import price for butanols (excluding butan-1-ol (n-butyl alcohol)) stood at $X per ton in 2022, remaining constant against the previous year. Overall, the import price, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 80%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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