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

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

The Swedish butan-1-ol (n-butyl alcohol) market contracted to $X in 2022, which is down by -5.6% against the previous year. In general, consumption saw a perceptible descent. Butan-1-ol (n-butyl alcohol) consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Butan-1-Ol (N-Butyl Alcohol) Production in Sweden

In value terms, butan-1-ol (n-butyl alcohol) production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2017 when the production volume increased by 19%. Butan-1-ol (n-butyl alcohol) production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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

Exports from Sweden

In 2022, overseas shipments of butan-1-ol (n-butyl alcohol) increased by 137% to X tons, rising for the third year in a row after two years of decline. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 369% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, butan-1-ol (n-butyl alcohol) exports skyrocketed to $X in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 260% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Norway (X tons) was the main destination for butan-1-ol (n-butyl alcohol) exports from Sweden, with a 97% share of total exports. Moreover, butan-1-ol (n-butyl alcohol) exports to Norway exceeded the volume sent to the second major destination, Denmark (X tons), more than tenfold.

From 2017 to 2022, the average annual rate of growth in terms of volume to Norway totaled +520.9%.

In value terms, Norway ($X) emerged as the key foreign market for butan-1-ol (n-butyl alcohol) exports from Sweden, comprising 97% of total exports. The second position in the ranking was held by Denmark ($X), with a 2.7% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of value to Norway totaled +495.5%.

Export Prices by Country

In 2022, the average butan-1-ol (n-butyl alcohol) export price amounted to $X per ton, declining by -21.5% against the previous year. In general, the export price, however, saw resilient growth. The growth pace was the most rapid in 2019 when the average export price increased by 136% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Denmark totaled $X per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.3%), while the prices for the other major destinations experienced a decline.

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

Imports into Sweden

In 2022, approx. X tons of butan-1-ol (n-butyl alcohol) were imported into Sweden; waning by -25.5% against the previous year. Overall, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of 143%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, butan-1-ol (n-butyl alcohol) imports reduced to $X in 2022. In general, imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 176%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of butan-1-ol (n-butyl alcohol) to Sweden, with a 79% share of total imports. Moreover, butan-1-ol (n-butyl alcohol) imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), more than tenfold. The third position in this ranking was held by Belgium (X tons), with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +31.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-2.1% per year) and Belgium (+87.9% per year).

In value terms, Germany ($X) constituted the largest supplier of butan-1-ol (n-butyl alcohol) to Sweden, comprising 76% of total imports. The second position in the ranking was held by Poland ($X), with a 6.8% share of total imports. It was followed by Belgium, with a 6.6% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +27.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+0.1% per year) and Belgium (+94.5% per year).

Import Prices by Country

In 2022, the average butan-1-ol (n-butyl alcohol) import price amounted to $X per ton, jumping by 25% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butan-1-ol (n-butyl alcohol) import price increased by +87.2% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 70% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Denmark ($X per ton) and Norway ($X per ton), while the price for Russia ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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