Report Update Nov 1, 2024

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

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

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

The Singaporean butene and isomers thereof market expanded slightly to $X in 2021, rising by 3.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a slight shrinkage. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Exports of Butene (Butylene) And Isomers Thereof

Exports from Singapore

After two years of decline, overseas shipments of butene (butylene) and isomers thereof increased by 153% to X tons in 2021. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 103,904% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, butene and isomers thereof exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2016 with an increase of 172,639% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X tons), Indonesia (X tons) and the Philippines (X tons) were the main destinations of butene and isomers thereof exports from Singapore, together accounting for 87% of total exports. These countries were followed by China and Malaysia, which together accounted for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +294.4%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) emerged as the key foreign market for butene (butylene) and isomers thereof exports from Singapore, comprising 45% of total exports. The second position in the ranking was taken by Thailand ($X), with a 22% share of total exports. It was followed by Indonesia, with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China totaled +113.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+202.7% per year) and Indonesia (+72.8% per year).

Export Prices by Country

The average butene and isomers thereof export price stood at $X per ton in 2021, jumping by 79% against the previous year. In general, the export price showed a tangible increase. The growth pace was the most rapid in 2014 when the average export price increased by 1,660% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Malaysia ($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 Indonesia (+18.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Butene (Butylene) And Isomers Thereof

Imports into Singapore

Butene and isomers thereof imports into Singapore fell modestly to X tons in 2021, reducing by -4.8% compared with the year before. In general, imports, however, posted a strong increase. The growth pace was the most rapid in 2017 with an increase of 1,638%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, butene and isomers thereof imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a mild descent. The pace of growth appeared the most rapid in 2017 with an increase of 899%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Indonesia (X tons) was the main butene and isomers thereof supplier to Singapore, with a approx. 99.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Indonesia amounted to +26.7%.

In value terms, Indonesia ($X) constituted the largest supplier of butene (butylene) and isomers thereof to Singapore.

From 2012 to 2021, the average annual growth rate of value from Indonesia amounted to +20.9%.

Import Prices by Country

In 2021, the average butene and isomers thereof import price amounted to $X per ton, growing by 66% against the previous year. Overall, the import price, however, continues to indicate a drastic downturn. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Japan amounted to +4.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China remains the largest butene and isomers thereof consuming country worldwide, accounting for 25% of total volume. Moreover, butene and isomers thereof consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Russia ranked third in terms of total consumption with a 5.4% share.

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

The country with the largest volume of butene and isomers thereof production was China, accounting for 25% of total volume. Moreover, butene and isomers thereof production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the U.S., with a 5.9% share.

What are the leading suppliers of butene (butylene) and isomers thereof to Singapore?

In value terms, Indonesia constituted the largest supplier of butene and isomers thereof to Singapore.

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

The average butene and isomers thereof export price stood at $837 per ton in 2020, approximately reflecting the previous year.

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

In 2020, the average butene and isomers thereof import price amounted to $439 per ton, with a decrease of -23.7% against the previous year.

This report provides an in-depth analysis of the market for butene and isomers thereof in Singapore. 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:

Singapore

Data coverage:

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