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

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

The German butan-1-ol (n-butyl alcohol) market fell to $X in 2022, reducing by -11.2% against the previous year. Over the period under review, consumption recorded a perceptible decline. Butan-1-ol (n-butyl alcohol) consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Butan-1-Ol (N-Butyl Alcohol) Production in Germany

In value terms, butan-1-ol (n-butyl alcohol) production totaled $X in 2022 estimated in export price. Overall, production showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 104%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports from Germany

In 2022, exports of butan-1-ol (n-butyl alcohol) from Germany shrank to X tons, reducing by -9.4% compared with the year before. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 39% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, butan-1-ol (n-butyl alcohol) exports shrank to $X in 2022. Over the period under review, exports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 141%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X tons), the UK (X tons) and the Czech Republic (X tons) were the main destinations of butan-1-ol (n-butyl alcohol) exports from Germany, together comprising 56% of total exports. The United States, Belgium, Italy, France, the Netherlands, South Korea, India, China and Singapore lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +59.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), the UK ($X) and the Czech Republic ($X) were the largest markets for butan-1-ol (n-butyl alcohol) exported from Germany worldwide, with a combined 58% share of total exports. Belgium, Italy, the United States, France, the Netherlands, South Korea, India, China and Singapore lagged somewhat behind, together comprising a further 27%.

The United States, with a CAGR of +49.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average butan-1-ol (n-butyl alcohol) export price stood at $X per ton in 2022, surging by 8.6% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butan-1-ol (n-butyl alcohol) export price increased by +88.0% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 73%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the United States ($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 the UK (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Germany

In 2022, approx. X tons of butan-1-ol (n-butyl alcohol) were imported into Germany; declining by -20.8% compared with the year before. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 48%. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, butan-1-ol (n-butyl alcohol) imports rose slightly to $X in 2022. Overall, total imports indicated measured growth from 2012 to 2022: its value 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, imports increased by +44.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 76% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, South Africa (X tons) constituted the largest butan-1-ol (n-butyl alcohol) supplier to Germany, accounting for a 42% share of total imports. Moreover, butan-1-ol (n-butyl alcohol) imports from South Africa exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Africa was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-12.4% per year) and the Netherlands (+62.2% per year).

In value terms, South Africa ($X) constituted the largest supplier of butan-1-ol (n-butyl alcohol) to Germany, comprising 43% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 12% share of total imports. It was followed by the United States, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from South Africa amounted to +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+66.6% per year) and the United States (+54.2% per year).

Import Prices by Country

In 2022, the average butan-1-ol (n-butyl alcohol) import price amounted to $X per ton, picking up by 32% against the previous year. Over the period under review, the import price enjoyed noticeable growth. The growth pace was the most rapid in 2021 an increase of 56%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Austria ($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 (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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