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

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

The Slovene butan-1-ol (n-butyl alcohol) market dropped significantly to $X in 2022, waning by -58.4% 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). Overall, consumption recorded a perceptible slump. Over the period under review, the market reached the peak level at $X in 2021, and then declined dramatically in the following year.

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

Exports from Slovenia

In 2022, shipments abroad of butan-1-ol (n-butyl alcohol) decreased by -86.2% to X tons, falling for the second consecutive year after two years of growth. Overall, exports showed a deep reduction. The pace of growth was the most pronounced in 2016 when exports increased by 2,131%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, butan-1-ol (n-butyl alcohol) exports shrank remarkably to $X in 2022. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2016 when exports increased by 454%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Croatia (X tons) was the main destination for butan-1-ol (n-butyl alcohol) exports from Slovenia, with a 80% share of total exports. Moreover, butan-1-ol (n-butyl alcohol) exports to Croatia exceeded the volume sent to the second major destination, Austria (X kg), sevenfold. The third position in this ranking was taken by Serbia (X kg), with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume to Croatia totaled -12.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+5.0% per year) and Serbia (+1.4% per year).

In value terms, Croatia ($X) emerged as the key foreign market for butan-1-ol (n-butyl alcohol) exports from Slovenia, comprising 75% of total exports. The second position in the ranking was held by Austria ($X), with an 11% share of total exports. It was followed by Bosnia and Herzegovina, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value to Croatia totaled -7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+24.4% per year) and Bosnia and Herzegovina (+15.7% per year).

Export Prices by Country

In 2022, the average butan-1-ol (n-butyl alcohol) export price amounted to $X per ton, rising by 18% against the previous year. Overall, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 an increase of 135%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

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

Imports into Slovenia

In 2022, purchases abroad of butan-1-ol (n-butyl alcohol) decreased by -67.2% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of 90% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell rapidly in the following year.

In value terms, butan-1-ol (n-butyl alcohol) imports declined markedly to $X in 2022. In general, imports recorded a perceptible setback. The pace of growth was the most pronounced in 2017 with an increase of 258% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then contracted remarkably in the following year.

Imports by Country

In 2022, Poland (X tons) constituted the largest butan-1-ol (n-butyl alcohol) supplier to Slovenia, accounting for a 67% share of total imports. Moreover, butan-1-ol (n-butyl alcohol) imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by France (X tons), with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland amounted to -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.7% per year) and France (-4.5% per year).

In value terms, Poland ($X) constituted the largest supplier of butan-1-ol (n-butyl alcohol) to Slovenia, comprising 64% of total imports. The second position in the ranking was held by Germany ($X), with a 28% share of total imports. It was followed by France, with a 7.6% share.

From 2012 to 2022, the average annual growth rate of value from Poland stood at +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.6% per year) and France (-1.0% per year).

Import Prices by Country

In 2022, the average butan-1-ol (n-butyl alcohol) import price amounted to $X per ton, increasing by 45% against the previous year. In general, the import price continues to indicate a perceptible increase. The growth pace was the most rapid in 2017 when the average import price increased by 88% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per ton) and Italy ($X per ton), while the price for Poland ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform