Hong Kong SAR, China: Market for Butene (Butylene) And Isomers Thereof 2025

Market Size for Butene (Butylene) And Isomers Thereof in Hong Kong SAR, China

In 2021, the Hong Kong butene and isomers thereof market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Butene and isomers thereof consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Butene (Butylene) And Isomers Thereof in Hong Kong SAR, China

In value terms, butene and isomers thereof production rose significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% 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 2013 with an increase of 46%. Butene and isomers thereof production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Butene (Butylene) And Isomers Thereof

Exports from Hong Kong SAR, China

Butene and isomers thereof exports from Hong Kong SAR surged to X tons in 2021, jumping by 49% against the previous year's figure. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 339%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, butene and isomers thereof exports skyrocketed to $X in 2021. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 429%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan (X tons) was the main destination for butene and isomers thereof exports from Hong Kong SAR, with a 99% share of total exports. It was followed by India (X kg), with a 0.9% share of total exports. China (X kg) ranked third in terms of total exports with a 0.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uzbekistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-0.2% per year) and China (-14.9% per year).

In value terms, Uzbekistan ($X) emerged as the key foreign market for butene (butylene) and isomers thereof exports from Hong Kong SAR, comprising 98% of total exports. The second position in the ranking was taken by India ($X), with a 0.8% share of total exports. It was followed by China, with a 0.6% share.

From 2012 to 2021, the average annual growth rate of value to Uzbekistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-6.8% per year) and China (-15.7% per year).

Export Prices by Country

In 2021, the average butene and isomers thereof export price amounted to $X per ton, shrinking by -12% against the previous year. Overall, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when the average export price increased by 96% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to India ($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 Singapore (+10.2%), while the prices for the other major destinations experienced a decline.

Imports of Butene (Butylene) And Isomers Thereof

Imports into Hong Kong SAR, China

In 2021, butene and isomers thereof imports into Hong Kong SAR fell dramatically to X tons, shrinking by -48.3% on 2020. Over the period under review, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of 3,489% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, butene and isomers thereof imports declined modestly to $X in 2021. In general, imports continue to indicate a noticeable contraction. The growth pace was the most rapid in 2013 with an increase of 1,973% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The United States (X tons), Taiwan (Chinese) (X tons) and China (X kg) were the main suppliers of butene and isomers thereof imports to Hong Kong SAR.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +46.0%), while imports for the other leaders experienced a decline.

In value terms, Taiwan (Chinese) ($X), China ($X) and the United States ($X) appeared to be the largest butene and isomers thereof suppliers to Hong Kong SAR.

China, with a CAGR of +34.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average butene and isomers thereof import price stood at $X per ton in 2021, increasing by 88% against the previous year. Over the period under review, the import price continues to indicate a prominent expansion. The growth pace was the most rapid in 2015 an increase of 206% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States ($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 United States (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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