Report Update Nov 1, 2024

Kazakhstan - Butanone (Methyl Ethyl Ketone) - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Butanone Market 2024

Butanone Market Size in Kazakhstan

For the fourth year in a row, the Kazakh butanone market recorded growth in sales value, which increased by 160% to $X in 2022. Overall, consumption continues to indicate a significant expansion. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in years to come.

Butanone Exports

Exports from Kazakhstan

In 2022, butanone exports from Kazakhstan soared to X tons, with an increase of 13,208% on 2021 figures. Over the period under review, exports showed significant growth. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, butanone exports soared to $X in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for butanone exports from Kazakhstan, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +60.2%.

In value terms, Russia ($X) also remains the key foreign market for butanone (methyl ethyl ketone) exports from Kazakhstan.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to +80.5%.

Export Prices by Country

In 2022, the average butanone export price amounted to $X per ton, falling by -3.6% against the previous year. Overall, the export price, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2019 an increase of 154% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +12.6% per year.

Butanone Imports

Imports into Kazakhstan

Butanone imports into Kazakhstan skyrocketed to X tons in 2022, with an increase of 253% against the previous year. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 590% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, butanone imports soared to $X in 2022. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2013 with an increase of 513%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the UK (X tons) constituted the largest butanone supplier to Kazakhstan, accounting for a 81% share of total imports. Moreover, butanone imports from the UK exceeded the figures recorded by the second-largest supplier, Russia (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK stood at +51.6%.

In value terms, the largest butanone suppliers to Kazakhstan were the UK ($X) and Russia ($X).

Among the main suppliers, Russia, with a CAGR of +67.0%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average butanone import price stood at $X per ton in 2022, reducing by -30.9% against the previous year. In general, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2017 an increase of 12% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for the UK stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for butanone (methyl ethyl ketone) in the world?

The countries with the highest volumes of in 2021 were South Korea, the United States and the UK, together comprising 34% of global consumption. These countries were followed by Taiwan Chinese), India, Indonesia, Italy, Vietnam, South Africa, Thailand, the Netherlands, Malaysia and Belgium, which together accounted for a further 46%.

What are the largest producers of butanone (methyl ethyl ketone) in the world?

The countries with the highest volumes of in 2021 were China, Japan and the UK, with a combined 68% share of global production.

What are the leading suppliers of butanone (methyl ethyl ketone) to Kazakhstan?

In value terms, Russia, the Netherlands $978) and the UK $593) constituted the largest butanone suppliers to Kazakhstan, together accounting for 94% of total imports. These countries were followed by France, Australia and Poland, which together accounted for a further 6.1%.

What are the leading importers of butanone (methyl ethyl ketone) from Kazakhstan?

In value terms, Kyrgyzstan remains the key foreign market for butanone exports from Kazakhstan.

What is the average export price for butanone (methyl ethyl ketone) in Kazakhstan?

The average butanone export price stood at $2,717 per ton in 2021, which is down by -24.3% against the previous year.

What is the average import price for butanone (methyl ethyl ketone) in Kazakhstan?

In 2021, the average butanone import price amounted to $3,799 per ton, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the butanone market in Kazakhstan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20146213 - Butanone (methyl ethyl ketone)

Country coverage:

Kazakhstan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kazakhstan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023