Eastern Europe: Butanol Market 2024

Butanol Market Size in Eastern Europe

The East European butanol market expanded slightly to $X in 2022, picking up by X% against the previous year. The total consumption indicated moderate growth from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Butanol Production in Eastern Europe

In value terms, butanol production fell to $X in 2022 estimated in export price. Overall, production saw a perceptible shrinkage. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Butanol Exports

Exports in Eastern Europe

In 2022, exports of butanol in Eastern Europe declined modestly to X tons, which is down by X% on the year before. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, butanol exports skyrocketed to $X in 2022. Over the period under review, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Russia prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2022. Romania (X tons) followed a long way behind the leaders.

Exports from Russia decreased at an average annual rate of X% from 2012 to 2022. Romania (X%) illustrated a downward trend over the same period. Russia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest butanol supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price showed mild growth. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while Russia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%).

Butanol Imports

Imports in Eastern Europe

In 2022, imports of butanol in Eastern Europe fell to X tons, which is down by X% compared with 2021 figures. Overall, imports showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, butanol imports expanded notably to $X in 2022. Over the period under review, imports saw a mild downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The Czech Republic (X tons) and Poland (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Belarus (X tons), making up a X% share of total imports. The following importers - Hungary (X tons) and Ukraine (X tons) - each resulted at a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest butanol importing markets in Eastern Europe were the Czech Republic ($X), Poland ($X) and Belarus ($X), together comprising X% of total imports.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated a slight 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 2019 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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