Report Update Nov 1, 2024

Northern America - Butene (Butylene) and Isomers Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Market for Butene (Butylene) And Isomers Thereof 2024

Market Size for Butene (Butylene) And Isomers Thereof in Northern America

In 2021, the North American butene and isomers thereof market increased by 3.7% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The level of consumption peaked at $X in 2018; afterwards, it flattened through to 2021.

Production of Butene (Butylene) And Isomers Thereof in Northern America

In value terms, butene and isomers thereof production expanded slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 29% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Exports of Butene (Butylene) And Isomers Thereof

Exports in Northern America

In 2021, after two years of decline, there was significant growth in shipments abroad of butene (butylene) and isomers thereof, when their volume increased by 8.5% to X tons. Overall, exports, however, faced a deep slump. The pace of growth appeared the most rapid in 2016 when exports increased by 17% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, butene and isomers thereof exports soared to $X in 2021. Over the period under review, exports, however, saw a perceptible setback. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of butene (butylene) and isomers thereof, namely the United States, represented more than two-thirds of total export.

The United States was also the fastest-growing in terms of the butene (butylene) and isomers thereof exports, with a CAGR of -10.8% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest butene and isomers thereof supplier in Northern America.

From 2012 to 2021, the average annual growth rate of value in the United States totaled -2.8%.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, with an increase of 47% against the previous year. Export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +8.9% per year.

Imports of Butene (Butylene) And Isomers Thereof

Imports in Northern America

In 2021, the amount of butene (butylene) and isomers thereof imported in Northern America reduced modestly to X tons, dropping by -1.8% on the year before. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 32%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, butene and isomers thereof imports soared to $X in 2021. Over the period under review, imports showed a perceptible contraction. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Canada (X tons) represented the largest importer of butene (butylene) and isomers thereof in Northern America, achieving 99.9% of total import.

Canada was also the fastest-growing in terms of the butene (butylene) and isomers thereof imports, with a CAGR of +2.5% from 2012 to 2021. Canada (+18 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) constitutes the largest market for imported butene (butylene) and isomers thereof in Northern America.

From 2012 to 2021, the average annual growth rate of value in Canada totaled -1.1%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, increasing by 46% against the previous year. In general, the import price, however, continues to indicate a pronounced decrease. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to -3.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for butene (butylene) and isomers thereof in Northern America?

The country with the largest volume of butene and isomers thereof consumption was the U.S., accounting for 85% of total volume. Moreover, butene and isomers thereof consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada, fivefold.

What are the largest producers of butene (butylene) and isomers thereof in Northern America?

The U.S. remains the largest butene and isomers thereof producing country in Northern America, comprising approx. 93% of total volume. Moreover, butene and isomers thereof production in the U.S. exceeded the figures recorded by the second-largest producer, Canada, more than tenfold.

What are the leading suppliers of butene (butylene) and isomers thereof in Northern America?

In value terms, the U.S. remains the largest butene and isomers thereof supplier in Northern America.

What are the leading importers of butene (butylene) and isomers thereof in Northern America?

In value terms, Canada constitutes the largest market for imported butene butylene) and isomers thereof in Northern America.

What is the average export price for butene (butylene) and isomers thereof in Northern America?

The butene and isomers thereof export price in Northern America stood at $1,134 per ton in 2020, increasing by 25% against the previous year.

What is the average import price for butene (butylene) and isomers thereof in Northern America?

The butene and isomers thereof import price in Northern America stood at $778 per ton in 2020, with a decrease of -14.3% against the previous year.

This report provides an in-depth analysis of the market for butene and isomers thereof in Northern America. 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 20141150 - Butene (butylene) and isomers thereof

Country coverage:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023