Luxembourg - Butanone (Methyl Ethyl Ketone) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingButanone Price in Luxembourg - 2023
Contents:
- Butanone Price in Luxembourg (CIF) - 2022
- Butanone Price in Luxembourg (FOB) - 2022
- Butanone Imports in Luxembourg
- Butanone Exports in Luxembourg
Butanone Price in Luxembourg (CIF) - 2022
In 2022, the average butanone import price amounted to $3,332 per ton, rising by 40% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 +58.3% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($3,576 per ton) and France ($3,569 per ton), while the price for the UK ($3,223 per ton) and Belgium ($3,273 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+39.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Butanone Price in Luxembourg (FOB) - 2022
The average butanone export price stood at $9,759 per ton in 2022, almost unchanged from the previous year. In general, the export price, however, recorded a deep setback. The pace of growth was the most pronounced in 2018 when the average export price increased by 71%. Over the period under review, the average export prices attained the peak figure at $51,723 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2014 to 2022, the rate of growth in terms of prices for Belgium amounted to -18.8% per year.
Butanone Imports in Luxembourg
In 2022, overseas purchases of butanone (methyl ethyl ketone) decreased by -4.2% to 57 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a slight decrease. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. As a result, imports attained the peak of 88 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, butanone imports surged to $191K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.0% 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 decreased by -4.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 60% against the previous year. As a result, imports attained the peak of $201K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Butanone in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 95.4 | 165 | 114 | 154 | 17.3% |
| Germany | 21.6 | 21.6 | 21.4 | 27.7 | 8.6% |
| United Kingdom | N/A | 2.6 | 2.5 | 5.2 | 41.4% |
| France | 3.8 | 6.1 | 1.8 | 3.3 | -4.6% |
| Others | 4.5 | 4.9 | 2.8 | 0.9 | -41.5% |
| Total | 125 | 201 | 142 | 191 | 15.2% |
Top Suppliers of Butanone to Luxembourg in 2022:
- Belgium (47.0 tons)
- Germany (7.8 tons)
- United Kingdom (1.6 tons)
- France (0.9 tons)
Butanone Exports in Luxembourg
In 2022, approx. 83 kg of butanone (methyl ethyl ketone) were exported from Luxembourg; falling by -82.2% against the previous year. Over the period under review, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 436%. As a result, the exports reached the peak of 466 kg, and then declined sharply in the following year.
In value terms, butanone exports fell sharply to $810 in 2022. Overall, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 230%. As a result, the exports reached the peak of $4.5K, and then shrank sharply in the following year.
| Export of Butanone in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1.2 | 0.6 | 4.5 | 0.8 | -12.6% |
| Oman | N/A | 0.7 | N/A | N/A | 0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 1.4 | 1.4 | 4.5 | 0.8 | -17.0% |
Top Export Markets for Butanone from Luxembourg in 2022:
- Belgium (83.0 kg)
This report provides an in-depth analysis of the butanone market in Luxembourg. 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:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- 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
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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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