Germany: Market for Butene (Butylene) And Isomers Thereof 2024

Market Size for Butene (Butylene) And Isomers Thereof in Germany

In 2021, the German butene and isomers thereof market was finally on the rise to reach $X after two years of decline. In general, consumption saw a noticeable slump. Butene and isomers thereof consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Butene (Butylene) And Isomers Thereof in Germany

In value terms, butene and isomers thereof production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a pronounced downturn. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Butene (Butylene) And Isomers Thereof

Exports from Germany

In 2021, shipments abroad of butene (butylene) and isomers thereof increased by 3.7% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 32%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, butene and isomers thereof exports soared to $X in 2021. Overall, exports, however, recorded a perceptible decrease. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Belgium (X tons) was the main destination for butene and isomers thereof exports from Germany, with a 54% share of total exports. Moreover, butene and isomers thereof exports to Belgium exceeded the volume sent to the second major destination, Austria (X tons), fourfold. The third position in this ranking was held by the Netherlands (X tons), with a 7.2% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium totaled +10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-3.5% per year) and the Netherlands (+12.3% per year).

In value terms, Belgium ($X) remains the key foreign market for butene (butylene) and isomers thereof exports from Germany, comprising 49% of total exports. The second position in the ranking was held by Austria ($X), with a 16% share of total exports. It was followed by Russia, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value to Belgium amounted to +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-7.1% per year) and Russia (+8.8% per year).

Export Prices by Country

In 2021, the average butene and isomers thereof export price amounted to $X per ton, jumping by 32% against the previous year. Over the period under review, the export price, however, showed a pronounced decrease. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Butene (Butylene) And Isomers Thereof

Imports into Germany

In 2021, butene and isomers thereof imports into Germany declined significantly to X tons, with a decrease of -61% on the previous year. In general, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2019 when imports increased by 60%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, butene and isomers thereof imports plummeted to $X in 2021. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 41% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Italy (X tons) were the main suppliers of butene and isomers thereof imports to Germany, together comprising 100% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +157.5%), while imports for the other leaders experienced a decline.

In value terms, the largest butene and isomers thereof suppliers to Germany were the Netherlands ($X), Belgium ($X) and Italy ($X), with a combined 99% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of +123.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average butene and isomers thereof import price amounted to $X per ton, rising by 54% against the previous year. Over the period under review, the import price, however, recorded a slight contraction. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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