Belgium - Butanone (Methyl Ethyl Ketone) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingButanone Price in Belgium - 2023
Contents:
- Butanone Price in Belgium (CIF) - 2023
- Butanone Price in Belgium (FOB) - 2023
- Butanone Imports in Belgium
- Butanone Exports in Belgium
Butanone Price in Belgium (CIF) - 2023
In June 2023, the average butanone import price amounted to $1,438 per ton, falling by -12.8% against the previous month. In general, the import price showed a noticeable descent. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 29% month-to-month. As a result, import price attained the peak level of $3,258 per ton. From August 2022 to June 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from South Africa ($1,483 per ton) and the UK ($1,471 per ton), while the price for Japan ($1,343 per ton) and the Netherlands ($1,368 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Africa (-3.7%), while the prices for the other major suppliers experienced a decline.
Butanone Price in Belgium (FOB) - 2023
The average butanone export price stood at $1,452 per ton in June 2023, waning by -8.9% against the previous month. In general, the export price saw a perceptible shrinkage. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 13% against the previous month. Over the period under review, the average export prices attained the peak figure at $2,602 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In June 2023, the highest price was recorded for prices to Sweden ($1,600 per ton) and the UK ($1,600 per ton), while the average price for exports to Italy ($1,291 per ton) and the Netherlands ($1,343 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.3%), while the prices for the other major destinations experienced a decline.
Butanone Imports in Belgium
In 2022, supplies from abroad of butanone (methyl ethyl ketone) decreased by -26.2% to 38K tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a perceptible descent. The growth pace was the most rapid in 2020 when imports increased by 33%. As a result, imports attained the peak of 57K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, butanone imports soared to $90M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 90% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Butanone in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 33.7 | 42.1 | 58.7 | 73.0 | 29.4% |
| Netherlands | 2.1 | 4.2 | 5.4 | 5.2 | 35.3% |
| Brazil | 0.4 | 2.1 | 2.1 | 5.0 | 132.1% |
| China | 0.6 | 4.7 | 2.8 | 2.0 | 49.4% |
| South Africa | 1.0 | 2.0 | 1.7 | 1.9 | 23.9% |
| Germany | 6.9 | 29.1 | 2.8 | 1.8 | -36.1% |
| Others | 0.4 | 1.7 | 0.6 | 0.5 | 7.7% |
| Total | 45.1 | 85.9 | 74.1 | 89.6 | 25.7% |
Top Suppliers of Butanone to Belgium in 2022:
- United Kingdom (30.5K tons)
- Brazil (2.6K tons)
- Netherlands (2.1K tons)
- China (1.1K tons)
- South Africa (0.9K tons)
- Germany (0.6K tons)
Butanone Exports in Belgium
In 2022, shipments abroad of butanone (methyl ethyl ketone) decreased by -10.4% to 29K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 when exports increased by 29%. As a result, the exports attained the peak of 44K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, butanone exports rose markedly to $66M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 62% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Butanone in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.7 | 0.8 | 6.6 | 16.1 | 63.3% |
| Netherlands | 4.3 | 2.3 | 11.4 | 13.5 | 46.4% |
| Germany | 8.7 | 14.5 | 11.6 | 13.2 | 14.9% |
| Italy | 4.9 | 1.1 | 3.3 | 6.4 | 9.3% |
| France | 4.8 | 4.2 | 5.7 | 6.2 | 8.9% |
| Switzerland | 1.6 | 5.2 | 3.9 | 1.7 | 2.0% |
| Sweden | 0.9 | 0.2 | 1.0 | 1.6 | 21.1% |
| India | N/A | 12.3 | 1.5 | N/A | -87.8% |
| Others | 6.6 | 17.2 | 12.2 | 6.8 | 1.0% |
| Total | 35.5 | 57.6 | 57.1 | 65.6 | 22.7% |
Top Export Markets for Butanone from Belgium in 2022:
- Italy (7.2K tons)
- Spain (6.2K tons)
- Netherlands (5.0K tons)
- Germany (4.7K tons)
- France (2.3K tons)
- Switzerland (0.6K tons)
- Sweden (0.5K tons)
This report provides an in-depth analysis of the butanone market in Belgium. 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:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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
-
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
-
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
-
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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