United Arab Emirates: Butan-1-Ol (N-Butyl Alcohol) Market 2024

Butan-1-Ol (N-Butyl Alcohol) Market Size in the United Arab Emirates

The butan-1-ol (n-butyl alcohol) market in the United Arab Emirates declined to $X in 2022, which is down by -13.1% against the previous year. In general, consumption, however, enjoyed a noticeable expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Butan-1-Ol (N-Butyl Alcohol) Production in the United Arab Emirates

In value terms, butan-1-ol (n-butyl alcohol) production skyrocketed to $X in 2022 estimated in export price. Overall, production continues to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 370% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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

Exports from the United Arab Emirates

After six years of growth, overseas shipments of butan-1-ol (n-butyl alcohol) decreased by -16.8% to X tons in 2022. Over the period under review, exports, however, saw a measured expansion. The most prominent rate of growth was recorded in 2013 with an increase of 69% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then shrank rapidly in the following year.

In value terms, butan-1-ol (n-butyl alcohol) exports declined to $X in 2022. In general, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 99.9%. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Germany (X tons) was the main destination for butan-1-ol (n-butyl alcohol) exports from the United Arab Emirates, accounting for a 30% share of total exports. Moreover, butan-1-ol (n-butyl alcohol) exports to Germany exceeded the volume sent to the second major destination, Tanzania (X tons), fourfold. Tunisia (X tons) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +1,058.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (-0.6% per year) and Tunisia (0.0% per year).

In value terms, Germany ($X) emerged as the key foreign market for butan-1-ol (n-butyl alcohol) exports from the United Arab Emirates, comprising 31% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 10% share of total exports. It was followed by Tunisia, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +788.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+3.4% per year) and Tunisia (0.0% per year).

Export Prices by Country

The average butan-1-ol (n-butyl alcohol) export price stood at $X per ton in 2022, increasing by 4.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2016 an increase of 21%. The export price peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into the United Arab Emirates

In 2022, the amount of butan-1-ol (n-butyl alcohol) imported into the United Arab Emirates declined sharply to X tons, reducing by -19.6% on the previous year. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 335%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, butan-1-ol (n-butyl alcohol) imports fell sharply to $X in 2022. Over the period under review, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 221% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X tons) was the main supplier of butan-1-ol (n-butyl alcohol) to the United Arab Emirates, with a 98% share of total imports. It was followed by India (X tons), with a 1.5% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from South Africa totaled +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+91.2% per year) and the United States (-43.9% per year).

In value terms, South Africa ($X) constituted the largest supplier of butan-1-ol (n-butyl alcohol) to the United Arab Emirates, comprising 96% of total imports. The second position in the ranking was held by India ($X), with a 2.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from South Africa amounted to +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+95.8% per year) and the United States (-43.6% per year).

Import Prices by Country

In 2022, the average butan-1-ol (n-butyl alcohol) import price amounted to $X per ton, with a decrease of -18.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 49% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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