Europe: Butanol Market 2024

Butanol Market Size in Europe

The Europe butanol market dropped to $X in 2022, declining by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2021, and then declined in the following year.

Butanol Production in Europe

In value terms, butanol production reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Butanol Exports

Exports in Europe

For the third consecutive year, Europe recorded growth in overseas shipments of butanol, which increased by X% to X tons in 2022. In general, exports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 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 surged to $X in 2022. Overall, exports, however, saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Belgium (X tons), the Netherlands (X tons), Russia (X tons) and Germany (X tons), together accounting for X% of total export. It was distantly followed by the UK (X tons), mixing up a X% share of total exports. France (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the UK (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Belgium ($X), Germany ($X) and Russia ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. The Netherlands, the UK and France lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, France, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, surging by X% against the previous year. Export price indicated mild growth 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 export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices reached the peak figure in 2022 and is likely to continue 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 UK ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

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

Butanol Imports

Imports in Europe

In 2022, after two years of growth, there was significant decline in purchases abroad of butanol, when their volume decreased by X% to X tons. Over the period under review, imports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, butanol imports contracted to $X in 2022. Overall, imports showed a mild setback. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Belgium (X tons) and Germany (X tons) represented the main importers of butanol in 2022, accounting for near X% and X% of total imports, respectively. It was distantly followed by Italy (X tons), making up a X% share of total imports. The following importers - the UK (X tons), the Netherlands (X tons), the Czech Republic (X tons), Poland (X tons), France (X tons), Norway (X tons) and Spain (X tons) - together made up X% 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 Norway (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest butanol importing markets in Europe were Belgium ($X), Germany ($X) and Italy ($X), with a combined X% share of total imports. The UK, France, the Netherlands, the Czech Republic, Poland, Spain and Norway lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Norway, with a CAGR of X%, 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

The import price in Europe stood at $X per ton in 2022, increasing by X% against the previous year. Import price indicated a tangible 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 2020 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in France ($X per ton) and Italy ($X per ton), while the Netherlands ($X per ton) and Poland ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform