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

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

The Egyptian butan-1-ol (n-butyl alcohol) market fell markedly to $X in 2022, reducing by -47.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a slight increase. Butan-1-ol (n-butyl alcohol) consumption peaked at $X in 2021, and then contracted notably in the following year.

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

Exports from Egypt

In 2022, shipments abroad of butan-1-ol (n-butyl alcohol) was finally on the rise to reach X tons after three years of decline. Overall, exports continue to indicate a prominent increase. The growth pace was the most rapid in 2014 with an increase of 672% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, butan-1-ol (n-butyl alcohol) exports soared to $X in 2022. In general, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 679%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for butan-1-ol (n-butyl alcohol) exports from Egypt, with a 91% share of total exports. Moreover, butan-1-ol (n-butyl alcohol) exports to France exceeded the volume sent to the second major destination, China (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to France amounted to +66.0%.

In value terms, France ($X) remains the key foreign market for butan-1-ol (n-butyl alcohol) exports from Egypt, comprising 94% of total exports. The second position in the ranking was held by China ($X), with a 6.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to +42.0%.

Export Prices by Country

The average butan-1-ol (n-butyl alcohol) export price stood at $X per ton in 2022, rising by 16% against the previous year. In general, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 23% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+18.7%), while the prices for the other major destinations experienced a decline.

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

Imports into Egypt

Butan-1-ol (n-butyl alcohol) imports into Egypt fell significantly to X tons in 2022, with a decrease of -47.7% on the year before. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 85%. Over the period under review, imports reached the maximum at X tons in 2021, and then reduced markedly in the following year.

In value terms, butan-1-ol (n-butyl alcohol) imports contracted dramatically to $X in 2022. In general, imports, however, continue to indicate a notable expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 129% against the previous year. As a result, imports reached the peak of $X, and then declined remarkably in the following year.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest butan-1-ol (n-butyl alcohol) supplier to Egypt, accounting for a 70% share of total imports. Moreover, butan-1-ol (n-butyl alcohol) imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. Russia (X tons) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia amounted to +64.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.2% per year) and Russia (+9.4% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of butan-1-ol (n-butyl alcohol) to Egypt, comprising 68% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by Russia, with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia totaled +76.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.1% per year) and Russia (+13.2% per year).

Import Prices by Country

The average butan-1-ol (n-butyl alcohol) import price stood at $X per ton in 2022, rising by 9.3% against the previous year. In general, the import price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2021 an increase of 55%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Germany ($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 (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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