U.S.: Butanone Market 2025

Butanone Market Size in the U.S.

In 2022, the U.S. butanone market increased by 51% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.6% 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 +95.5% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Butanone Exports

Exports from the U.S.

Butanone exports from the United States reduced to X tons in 2022, which is down by -8.5% compared with the previous year's figure. Over the period under review, exports saw a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, butanone exports soared to $X in 2022. Overall, exports continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of 43%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Mexico (X tons) was the main destination for butanone exports from the United States, with a 62% share of total exports. Moreover, butanone exports to Mexico exceeded the volume sent to the second major destination, Canada (X tons), twofold. Costa Rica (X tons) ranked third in terms of total exports with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mexico amounted to -6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-3.1% per year) and Costa Rica (+6.3% per year).

In value terms, Mexico ($X) remains the key foreign market for butanone (methyl ethyl ketone) exports from the United States, comprising 60% of total exports. The second position in the ranking was taken by Canada ($X), with a 27% share of total exports. It was followed by Costa Rica, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mexico totaled -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-1.0% per year) and Costa Rica (+7.6% per year).

Export Prices by Country

In 2022, the average butanone export price amounted to $X per ton, rising by 39% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butanone export price increased by +44.9% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Colombia ($X per ton) and Canada ($X per ton), while the average price for exports to Costa Rica ($X per ton) and Mexico ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Butanone Imports

Imports into the U.S.

In 2022, purchases abroad of butanone (methyl ethyl ketone) increased by 9.8% to X tons, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 26%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, butanone imports soared to $X in 2022. Over the period under review, imports continue to indicate a noticeable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), the UK (X tons) and South Africa (X tons) were the main suppliers of butanone imports to the United States, together accounting for 76% of total imports. Japan, Taiwan (Chinese), China and Brazil lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +98.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), South Africa ($X) and the Netherlands ($X) were the largest butanone suppliers to the United States, with a combined 75% share of total imports. Japan, Taiwan (Chinese), China and Brazil lagged somewhat behind, together comprising a further 22%.

Japan, with a CAGR of +103.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average butanone import price stood at $X per ton in 2022, rising by 53% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butanone import price increased by +67.7% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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