Uganda - Butanone (Methyl Ethyl Ketone) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingUganda: Butanone Market 2024
Butanone Market Size in Uganda
The Ugandan butanone market dropped sharply to $X in 2022, waning by -39.1% 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 continues to indicate a abrupt contraction. Butanone consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.
Butanone Exports
Exports from Uganda
After nine years of decline, overseas shipments of butanone (methyl ethyl ketone) increased by 4.2% to X kg in 2022. Over the period under review, exports, however, showed a deep slump. The exports peaked at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
In value terms, butanone exports amounted to $X in 2022. In general, exports, however, continue to indicate a mild curtailment. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
Exports by Country
Rwanda (X kg) was the main destination for butanone exports from Uganda, with a approx. 100% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Rwanda stood at -6.3%.
In value terms, Rwanda ($X) also remains the key foreign market for butanone (methyl ethyl ketone) exports from Uganda.
From 2012 to 2022, the average annual rate of growth in terms of value to Rwanda amounted to -1.9%.
Export Prices by Country
In 2022, the average butanone export price amounted to $X per ton, declining by -2.9% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 +57.2% against 2012 indices. The growth pace was the most rapid in 2016 when the average export price increased by 5.7%. The export price peaked at $X per ton in 2021, and then shrank modestly in the following year.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +4.6% per year.
Butanone Imports
Imports into Uganda
In 2022, the amount of butanone (methyl ethyl ketone) imported into Uganda declined notably to X tons, waning by -34.6% compared with 2021. In general, imports saw a abrupt decrease. The growth pace was the most rapid in 2014 with an increase of 241%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.
In value terms, butanone imports fell significantly to $X in 2022. Overall, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 316%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, the Netherlands (X tons) constituted the largest butanone supplier to Uganda, accounting for a 85% share of total imports. Moreover, butanone imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X kg), more than tenfold. Kenya (X kg) ranked third in terms of total imports with a 4.8% share.
From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.8% per year) and Kenya (-21.9% per year).
In value terms, the Netherlands ($X) constituted the largest supplier of butanone (methyl ethyl ketone) to Uganda, comprising 65% of total imports. The second position in the ranking was held by China ($X), with a 12% share of total imports. It was followed by Kenya, with a 9.2% share.
From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.6% per year) and Kenya (-15.8% per year).
Import Prices by Country
The average butanone import price stood at $X per ton in 2022, declining by -5.1% against the previous year. In general, the import price, however, showed temperate growth. The pace of growth was the most pronounced in 2015 an increase of 116%. The import price peaked at $X per ton in 2021, and then declined in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the butanone market in Uganda. 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 20146213 - Butanone (methyl ethyl ketone)
Country coverage:
- Uganda
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uganda
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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