China - Butan-1-Ol (N-Butyl Alcohol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingButan-1-Ol (N-Butyl Alcohol) Price in China - 2023
Contents:
- Butan-1-Ol (N-Butyl Alcohol) Price in China (CIF) - 2022
- Butan-1-Ol (N-Butyl Alcohol) Price in China (FOB) - 2023
- Butan-1-Ol (N-Butyl Alcohol) Imports in China
- Butan-1-Ol (N-Butyl Alcohol) Exports in China
Butan-1-Ol (N-Butyl Alcohol) Price in China (CIF) - 2022
The average butan-1-ol (n-butyl alcohol) import price stood at $1,172 per ton in 2022, increasing by 22% against the previous year. Overall, the import price, however, saw a slight slump. The growth pace was the most rapid in 2021 an increase of 37% against the previous year. Over the period under review, average import prices reached the maximum at $1,391 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,217 per ton), while the price for Russia ($640 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 (+13.4%), while the prices for the other major suppliers experienced a decline.
Butan-1-Ol (N-Butyl Alcohol) Price in China (FOB) - 2023
The average butan-1-ol (n-butyl alcohol) export price stood at $1,739 per ton in September 2023, picking up by 45% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +3.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Mexico ($5,024 per ton), while the average price for exports to Brazil ($1,180 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Butan-1-Ol (N-Butyl Alcohol) Imports in China
In 2022, purchases abroad of butan-1-ol (n-butyl alcohol) decreased by -22.8% to 162K tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 22%. As a result, imports attained the peak of 263K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, butan-1-ol (n-butyl alcohol) imports shrank to $190M in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 9.8%. As a result, imports reached the peak of $201M, and then contracted in the following year.
| Import of Butan-1-Ol (N-Butyl Alcohol) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 97.6 | 83.6 | 123 | 131 | 10.3% |
| Saudi Arabia | 22.5 | 39.8 | 59.3 | 46.0 | 26.9% |
| South Africa | 21.5 | 14.4 | 6.0 | 6.3 | -33.6% |
| Russia | 8.4 | 1.7 | 2.5 | 5.9 | -11.1% |
| Malaysia | 12.8 | 20.5 | 6.0 | 1.2 | -54.6% |
| United States | 8.9 | 14.5 | 1.9 | N/A | -53.8% |
| Singapore | 1.5 | 9.0 | 2.4 | N/A | 26.5% |
| Others | 1.5 | N/A | N/A | 0.1 | -59.5% |
| Total | 175 | 183 | 201 | 190 | 2.8% |
Top Suppliers of Butan-1-Ol (N-Butyl Alcohol) to China in 2022:
- Singapore (undefinedK tons)
- United States (undefinedK tons)
- Taiwan (Chinese) (107.5K tons)
- Saudi Arabia (38.1K tons)
- Russia (9.2K tons)
- South Africa (6.2K tons)
- Malaysia (1.5K tons)
Butan-1-Ol (N-Butyl Alcohol) Exports in China
In 2022, the amount of butan-1-ol (n-butyl alcohol) exported from China declined to 21K tons, reducing by -14.3% compared with the year before. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 3,174%. As a result, the exports attained the peak of 25K tons, and then declined in the following year.
In value terms, butan-1-ol (n-butyl alcohol) exports fell significantly to $28M in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 5,671% against the previous year. As a result, the exports attained the peak of $47M, and then shrank markedly in the following year.
| Export of Butan-1-Ol (N-Butyl Alcohol) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1.7 | N/A | 16.0 | 10.1 | 81.1% |
| Singapore | N/A | N/A | 0.3 | 4.4 | 1366.7% |
| Brazil | N/A | 0.4 | 4.6 | 4.0 | 216.2% |
| Belgium | N/A | N/A | 1.1 | 2.1 | 90.9% |
| Indonesia | N/A | N/A | 1.7 | 2.0 | 17.6% |
| Netherlands | N/A | N/A | 8.3 | 1.9 | -77.1% |
| Vietnam | 0.1 | N/A | 0.4 | 1.0 | 115.4% |
| Taiwan (Chinese) | N/A | N/A | 5.7 | N/A | 0% |
| Others | 0.6 | 0.4 | 8.8 | 2.8 | 67.1% |
| Total | 2.4 | 0.8 | 46.9 | 28.4 | 127.9% |
Top Export Markets for Butan-1-Ol (N-Butyl Alcohol) from China in 2022:
- Taiwan (Chinese) (undefinedK tons)
- South Korea (8.3K tons)
- Singapore (3.7K tons)
- Brazil (3.2K tons)
- Belgium (1.9K tons)
- Indonesia (1.3K tons)
- Vietnam (0.7K tons)
- Netherlands (0.6K tons)
This report provides an in-depth analysis of the butan-1-ol (n-butyl alcohol) market in China. 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 20142230 - Butan-1-ol (n-butyl alcohol)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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