Report Update Nov 1, 2024

Lithuania - Butan-1-Ol (N-Butyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights

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

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

After two years of growth, the Lithuanian butan-1-ol (n-butyl alcohol) market decreased by -43.4% to $X in 2022. In general, consumption, however, enjoyed perceptible growth. As a result, consumption attained the peak level of $X, and then declined sharply in the following year.

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

Exports from Lithuania

In 2022, the amount of butan-1-ol (n-butyl alcohol) exported from Lithuania soared to X kg, picking up by 536% on the previous year's figure. Overall, exports, however, showed a dramatic curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 6,295% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, butan-1-ol (n-butyl alcohol) exports soared to $X in 2022. In general, exports, however, showed a dramatic curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 3,606% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Latvia (X kg) was the main destination for butan-1-ol (n-butyl alcohol) exports from Lithuania, with a 84% share of total exports. Moreover, butan-1-ol (n-butyl alcohol) exports to Latvia exceeded the volume sent to the second major destination, Turkey (X kg), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to Latvia amounted to -33.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (0.0% per year) and Belarus (-42.0% per year).

In value terms, Belarus ($X), Turkey ($X) and Latvia ($X) constituted the largest markets for butan-1-ol (n-butyl alcohol) exported from Lithuania worldwide, together accounting for 88% of total exports.

Turkey, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average butan-1-ol (n-butyl alcohol) export price stood at $X per ton in 2022, dropping by -75.2% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 1,394%. As a result, the export price reached the peak level of $X per ton, and then plummeted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Latvia ($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 Belarus (+27.2%).

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

Imports into Lithuania

In 2022, after two years of growth, there was significant decline in supplies from abroad of butan-1-ol (n-butyl alcohol), when their volume decreased by -42.3% to X tons. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 1,320% against the previous year. As a result, imports reached the peak of X tons, and then shrank significantly in the following year.

In value terms, butan-1-ol (n-butyl alcohol) imports contracted significantly to $X in 2022. In general, imports recorded a pronounced slump. The pace of growth appeared the most rapid in 2021 when imports increased by 572% against the previous year. As a result, imports attained the peak of $X, and then contracted significantly in the following year.

Imports by Country

In 2022, Latvia (X tons) was the main supplier of butan-1-ol (n-butyl alcohol) to Lithuania, accounting for a 98% share of total imports. It was followed by Poland (X kg), with a 1.5% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Latvia totaled +31.8%.

In value terms, Latvia ($X) constituted the largest supplier of butan-1-ol (n-butyl alcohol) to Lithuania, comprising 95% of total imports. The second position in the ranking was held by Poland ($X), with a 2.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Latvia totaled +30.7%.

Import Prices by Country

The average butan-1-ol (n-butyl alcohol) import price stood at $X per ton in 2022, which is down by -3.2% against the previous year. In general, the import price continues to indicate a slight decline. The pace of growth was the most pronounced in 2020 an increase of 152% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Latvia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+95.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

This report provides an in-depth analysis of the butan-1-ol (n-butyl alcohol) market in Lithuania. 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 20142230 - Butan-1-ol (n-butyl alcohol)

Country coverage:

Lithuania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Lithuania
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