Report Update Nov 1, 2024

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

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

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

The Thai butene and isomers thereof market totaled $X in 2021, rising by 2.5% against the previous year. The market value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Butene (Butylene) And Isomers Thereof in Thailand

In value terms, butene and isomers thereof production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2019 when the production volume increased by 25% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Exports of Butene (Butylene) And Isomers Thereof

Exports from Thailand

In 2021, overseas shipments of butene (butylene) and isomers thereof were finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, continue to indicate a sharp contraction. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, butene and isomers thereof exports skyrocketed to $X in 2021. Overall, exports, however, saw a sharp contraction. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for butene and isomers thereof exports from Thailand, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to China totaled -23.5%.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to -25.5%.

Export Prices by Country

In 2021, the average butene and isomers thereof export price amounted to $X per ton, shrinking by -79.9% against the previous year. In general, the export price recorded a noticeable reduction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 269%. As a result, the export price reached the peak level of $X per ton, and then dropped remarkably in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -2.7% per year.

Imports of Butene (Butylene) And Isomers Thereof

Imports into Thailand

In 2021, supplies from abroad of butene (butylene) and isomers thereof decreased by -4.1% to X tons, falling for the third consecutive year after two years of growth. Overall, imports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2017 with an increase of 59%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, butene and isomers thereof imports skyrocketed to $X in 2021. In general, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2017 when imports increased by 92%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Qatar (X tons), Taiwan (Chinese) (X tons) and South Korea (X tons) were the main suppliers of butene and isomers thereof imports to Thailand, with a combined 76% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of +224.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest butene and isomers thereof suppliers to Thailand were Qatar ($X), South Korea ($X) and Taiwan (Chinese) ($X), together comprising 73% of total imports.

Among the main suppliers, Qatar, with a CAGR of +188.4%, saw the highest growth rate of 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

In 2021, the average butene and isomers thereof import price amounted to $X per ton, picking up by 25% against the previous year. In general, the import price, however, recorded a noticeable descent. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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?

China remains the largest butene and isomers thereof producing country worldwide, 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 U.S. ranked third in terms of total production with a 5.9% share.

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

In value terms, the largest butene and isomers thereof suppliers to Thailand were South Korea, Taiwan Chinese) and Indonesia, with a combined 99% share of total imports.

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

In 2020, the average butene and isomers thereof export price amounted to $86,370 per ton, with an increase of 7,821% against the previous year.

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

In 2020, the average butene and isomers thereof import price amounted to $806 per ton, falling by -37.6% against the previous year.

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

Thailand

Data coverage:

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