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

Market Size for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in France

In 2022, the French market for butanols (excluding butan-1-ol (n-butyl alcohol)) increased by 42% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a noticeable setback. Butanols (excluding butan-1-ol (n-butyl alcohol)) consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in France

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) production shrank to $X in 2022 estimated in export price. In general, production recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 61% against the previous year. Butanols (excluding butan-1-ol (n-butyl alcohol)) production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports from France

In 2022, the amount of butanols (excluding butan-1-ol (n-butyl alcohol)) exported from France contracted dramatically to X tons, shrinking by -24% against the previous year. In general, total exports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.0% against 2018 indices. The most prominent rate of growth was recorded in 2019 when exports increased by 81% against the previous year. The exports peaked at X tons in 2021, and then reduced rapidly in the following year.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) exports totaled $X in 2022. Over the period under review, exports, however, showed a temperate expansion. The pace of growth was the most pronounced in 2021 when exports increased by 101%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Italy (X tons), Belgium (X tons) and Germany (X tons) were the main destinations of butanols (excluding butan-1-ol (n-butyl alcohol)) exports from France, together comprising 76% of total exports. Norway, Spain, Morocco, China and India lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of +89.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for butanols (excluding butan-1-ol (n-butyl alcohol)) exported from France were Italy ($X), Belgium ($X) and Germany ($X), together comprising 75% of total exports. Norway, Spain, Morocco, China and India lagged somewhat behind, together accounting for a further 18%.

In terms of the main countries of destination, Norway, with a CAGR of +118.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for butanols (excluding butan-1-ol (n-butyl alcohol)) amounted to $X per ton, with an increase of 35% against the previous year. In general, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butanols (excluding butan-1-ol (n-butyl alcohol)) export price increased by +89.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 38%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into France

In 2022, imports of butanols (excluding butan-1-ol (n-butyl alcohol)) into France fell dramatically to X tons, which is down by -31.1% on 2021 figures. In general, imports saw a mild decline. The pace of growth appeared the most rapid in 2018 when imports increased by 54% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) imports contracted to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 65%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest butanols (excluding butan-1-ol (n-butyl alcohol)) supplier to France, with a 72% 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, Belgium (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+22.2% per year) and the UK (-50.3% per year).

In value terms, Germany ($X) constituted the largest supplier of butanols (excluding butan-1-ol (n-butyl alcohol)) to France, comprising 71% of total imports. The second position in the ranking was taken by Belgium ($X), with a 27% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+26.2% per year) and the UK (-46.6% per year).

Import Prices by Country

In 2022, the average import price for butanols (excluding butan-1-ol (n-butyl alcohol)) amounted to $X per ton, growing by 34% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butanols (excluding butan-1-ol (n-butyl alcohol)) import price increased by +43.7% against 2017 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 54% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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