South-Eastern Asia: Butanol Market 2024

Butanol Market Size in South-Eastern Asia

For the seventh consecutive year, the Southeast Asian butanol market recorded growth in sales value, which increased by X% to $X in 2022. The total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2013 indices. The level of consumption peaked in 2022 and is likely to continue growth in the near future.

Butanol Production in South-Eastern Asia

In value terms, butanol production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Butanol Exports

Exports in South-Eastern Asia

In 2022, butanol exports in South-Eastern Asia shrank remarkably to X tons, waning by X% on the previous year's figure. Overall, exports recorded a perceptible slump. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, butanol exports contracted sharply to $X in 2022. Over the period under review, exports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Malaysia dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. Indonesia (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by the Philippines (X%). Thailand (X tons) and Singapore (X tons) took a relatively small share of total exports.

Exports from Malaysia decreased at an average annual rate of X% from 2012 to 2022. At the same time, the Philippines (X.4%) and Thailand (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X.4% from 2012-2022. Indonesia experienced a relatively flat trend pattern. By contrast, Singapore (X%) illustrated a downward trend over the same period. While the share of the Philippines (X p.p.), Malaysia (X p.p.), Indonesia (X p.p.) and Thailand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Singapore (X p.p.) displayed negative dynamics.

In value terms, Malaysia ($X) remains the largest butanol supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

In Malaysia, butanol exports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and the Philippines (X.0% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, continues to indicate a slight slump. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced mixed trends in the export price figures.

Butanol Imports

Imports in South-Eastern Asia

Butanol imports shrank rapidly to X tons in 2022, with a decrease of X% compared with the previous year. Over the period under review, imports recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then dropped significantly in the following year.

In value terms, butanol imports contracted rapidly to $X in 2022. Overall, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped rapidly in the following year.

Imports by Country

In 2022, Singapore (X tons), Indonesia (X tons) and Thailand (X tons) represented the key importer of butanol in South-Eastern Asia, generating X% of total import. It was distantly followed by Vietnam (X tons), achieving a X% share of total imports. The following importers - Malaysia (X tons) and the Philippines (X tons) - each accounted for a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Singapore ($X), Indonesia ($X) and Thailand ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Vietnam, Malaysia and the Philippines lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of import peaked at $X per ton in 2021, and then dropped modestly in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the Philippines ($X per ton) and Malaysia ($X per ton), while Thailand ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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