Europe: Methyl Isobutyl Ketone Market 2025

Methyl Isobutyl Ketone Market Size in Europe

The Europe methyl isobutyl ketone market contracted to $X in 2022, waning by -8% against the previous year. Overall, consumption saw a noticeable decline. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Methyl Isobutyl Ketone Production in Europe

In value terms, methyl isobutyl ketone production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt shrinkage. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Methyl Isobutyl Ketone Exports

Exports in Europe

In 2022, after two years of growth, there was significant decline in shipments abroad of X-methylpentan-2-one (methyl isobutyl ketone), when their volume decreased by -75.8% to X tons. Over the period under review, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 115%. The volume of export peaked at X tons in 2021, and then dropped remarkably in the following year.

In value terms, methyl isobutyl ketone exports shrank remarkably to $X in 2022. In general, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 158% against the previous year. As a result, the exports attained the peak of $X, and then contracted remarkably in the following year.

Exports by Country

In 2022, the Netherlands (X tons) represented the largest exporter of X-methylpentan-2-one (methyl isobutyl ketone), mixing up 54% of total exports. It was distantly followed by France (X tons), Belgium (X tons) and the Czech Republic (X tons), together generating a 41% share of total exports. Spain (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to methyl isobutyl ketone exports from the Netherlands stood at -8.3%. At the same time, the Czech Republic (+102.5%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in Europe, with a CAGR of +102.5% from 2012-2022. By contrast, Spain (-2.1%), France (-4.0%) and Belgium (-18.8%) illustrated a downward trend over the same period. While the share of France (+9.9 p.p.), the Netherlands (+8.7 p.p.) and the Czech Republic (+5.3 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (-26.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) emerged as the largest methyl isobutyl ketone supplier in Europe, comprising 45% of total exports. The second position in the ranking was held by France ($X), with a 22% share of total exports. It was followed by Belgium, with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands stood at -7.7%. In the other countries, the average annual rates were as follows: France (-0.7% per year) and Belgium (-14.9% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, surging by 27% against the previous year. Export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, methyl isobutyl ketone export price increased by +103.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by 61%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.8%), while the other leaders experienced more modest paces of growth.

Methyl Isobutyl Ketone Imports

Imports in Europe

In 2022, after two years of growth, there was significant decline in purchases abroad of X-methylpentan-2-one (methyl isobutyl ketone), when their volume decreased by -46.4% to X tons. In general, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. As a result, imports reached the peak of X tons, and then dropped significantly in the following year.

In value terms, methyl isobutyl ketone imports shrank rapidly to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 172%. As a result, imports reached the peak of $X, and then fell markedly in the following year.

Imports by Country

Belgium was the key importing country with an import of around X tons, which resulted at 36% of total imports. Germany (X tons) took the second position in the ranking, followed by the Netherlands (X tons), Italy (X tons) and Slovakia (X tons). All these countries together took approx. 44% share of total imports. The following importers - Spain (X tons) and France (X tons) - each reached an 8.4% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Netherlands (with a CAGR of +26.1%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Belgium ($X), Germany ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 61% of total imports.

The Netherlands, with a CAGR of +23.8%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, growing by 13% against the previous year. Import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, methyl isobutyl ketone import price increased by +95.9% against 2020 indices. The growth pace was the most rapid in 2021 when the import price increased by 73%. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Slovakia ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform