U.S. - Butanone (Methyl Ethyl Ketone) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingButanone Price in the United States - 2023
Contents:
- Butanone Price in the United States (CIF) - 2022
- Butanone Price in the United States (FOB) - 2023
- Butanone Imports in the United States
- Butanone Exports in the United States
Butanone Price in the United States (CIF) - 2022
The average butanone import price stood at $1,859 per ton in 2022, increasing by 53% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.0% 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 +67.7% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 UK ($2,308 per ton), while the price for Brazil ($1,103 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Butanone Price in the United States (FOB) - 2023
In August 2023, the average butanone export price amounted to $1,854 per ton, growing by 6.7% against the previous month. In general, the export price, however, saw a drastic downturn. The growth pace was the most rapid in December 2022 when the average export price increased by 35% m-o-m. Over the period under review, the average export prices attained the peak figure at $4,159 per ton in August 2022; however, from September 2022 to August 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In August 2023, the country with the highest price was Canada ($2,120 per ton), while the average price for exports to Mexico totaled $1,696 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-6.1%).
Butanone Imports in the United States
In 2022, imports of butanone (methyl ethyl ketone) into the United States rose markedly to 113K tons, increasing by 9.8% on 2021 figures. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, butanone imports soared to $210M in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Butanone in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 42.1 | 32.1 | 42.0 | 71.5 | 19.3% |
| South Africa | 32.6 | 28.5 | 34.4 | 47.5 | 13.4% |
| Netherlands | 7.8 | 10.4 | 17.8 | 38.1 | 69.7% |
| Japan | 11.3 | 12.5 | 15.6 | 27.0 | 33.7% |
| Taiwan (Chinese) | 0.6 | 1.7 | 10.8 | 12.2 | 172.9% |
| China | 5.3 | 3.9 | 0.6 | 5.0 | -1.9% |
| Germany | 3.1 | 1.6 | 2.4 | 2.1 | -12.2% |
| Brazil | 3.8 | 2.8 | 1.2 | 2.0 | -19.3% |
| Others | 0.2 | N/A | N/A | 4.3 | 178.1% |
| Total | 107 | 93.6 | 125 | 210 | 25.2% |
Top Suppliers of Butanone to the United States in 2022:
- Netherlands (32.0K tons)
- United Kingdom (31.0K tons)
- South Africa (22.2K tons)
- Japan (13.1K tons)
- Taiwan (Chinese) (7.2K tons)
- China (2.9K tons)
- Brazil (1.8K tons)
- Germany (1.2K tons)
Butanone Exports in the United States
Butanone exports from the United States declined to 14K tons in 2022, which is down by -8.5% against the previous year. The total export volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 19% against the previous year. As a result, the exports attained the peak of 15K tons, and then declined in the following year.
In value terms, butanone exports soared to $37M in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 43%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Butanone in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 11.3 | 11.2 | 16.0 | 22.2 | 25.2% |
| Canada | 6.7 | 6.1 | 7.4 | 10.1 | 14.7% |
| Costa Rica | 0.7 | 0.3 | 1.4 | 1.6 | 31.7% |
| Colombia | 0.3 | 0.3 | 0.8 | 0.7 | 32.6% |
| Others | 1.7 | 2.4 | 3.3 | 2.2 | 9.0% |
| Total | 20.7 | 20.3 | 28.9 | 36.8 | 21.1% |
Top Export Markets for Butanone from the United States in 2022:
- Mexico (8.6K tons)
- Canada (3.6K tons)
- Costa Rica (0.6K tons)
- Colombia (0.2K tons)
This report provides an in-depth analysis of the butanone market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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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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