China - Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in China - 2023
Contents:
- Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in China (CIF) - 2022
- Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in China (FOB) - 2023
- Imports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in China
- Exports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in China
Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in China (CIF) - 2022
In 2022, the average import price for butanols (excluding butan-1-ol (n-butyl alcohol)) amounted to $904 per ton, with a decrease of -8.1% against the previous year. In general, the import price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2021 an increase of 52% against the previous year. The import price peaked at $1,130 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Brazil ($1,412 per ton), while the price for Russia ($700 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.5%), while the prices for the other major suppliers experienced a decline.
Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in China (FOB) - 2023
The average export price for butanols (excluding butan-1-ol (n-butyl alcohol)) stood at $1,283 per ton in September 2023, picking up by 11% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in October 2022 an increase of 33% m-o-m. As a result, the export price reached the peak level of $1,403 per ton. From November 2022 to September 2023, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In September 2023, the highest price was recorded for prices to the United Arab Emirates ($1,416 per ton) and Japan ($1,400 per ton), while the average price for exports to Brazil ($1,230 per ton) and India ($1,258 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in China
In 2022, approx. 90K tons of butanols (excluding butan-1-ol (n-butyl alcohol)) were imported into China; with a decrease of -38.4% compared with 2021 figures. Over the period under review, imports continue to indicate a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of 121% against the previous year. As a result, imports reached the peak of 147K tons, and then reduced sharply in the following year.
In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) imports contracted notably to $82M in 2022. Overall, imports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 237% against the previous year. As a result, imports attained the peak of $144M, and then fell significantly in the following year.
Import of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 28.0 | 12.4 | 40.4 | 29.5 | 1.8% |
Taiwan (Chinese) | 5.5 | 4.8 | 18.6 | 10.9 | 25.6% |
South Korea | N/A | N/A | N/A | 10.9 | 0% |
Indonesia | 8.5 | 6.6 | 17.6 | 7.6 | -3.7% |
Russia | N/A | 1.8 | 25.8 | 6.4 | 88.6% |
United States | 0.8 | 1.6 | 10.9 | 6.2 | 97.9% |
Thailand | 9.7 | 6.2 | 13.0 | 2.9 | -33.1% |
Japan | 2.6 | 2.6 | 1.3 | 2.8 | 2.5% |
Germany | 1.3 | 1.9 | 6.4 | 2.3 | 20.9% |
France | 1.5 | 2.2 | 2.7 | 1.3 | -4.7% |
Others | 2.5 | 2.6 | 7.7 | 0.8 | -31.6% |
Total | 60.5 | 42.8 | 144 | 81.7 | 10.5% |
Top Suppliers of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) to China in 2022:
- Malaysia (30.7K tons)
- South Korea (14.9K tons)
- Taiwan (Chinese) (11.1K tons)
- Russia (9.1K tons)
- Indonesia (7.7K tons)
- United States (7.1K tons)
- Japan (3.8K tons)
- Thailand (3.0K tons)
- Germany (2.0K tons)
- France (0.9K tons)
Exports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in China
In 2022, shipments abroad of butanols (excluding butan-1-ol (n-butyl alcohol)) decreased by -30.3% to 13K tons, falling for the second year in a row after two years of growth. Overall, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year. As a result, the exports attained the peak of 21K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) exports dropped rapidly to $18M in 2022. In general, total exports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +17.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. As a result, the exports reached the peak of $23M, and then dropped sharply in the following year.
Export of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 8.6 | 7.6 | 13.5 | 9.2 | 2.3% |
South Korea | 2.4 | 5.6 | 6.4 | 3.5 | 13.4% |
Japan | 0.3 | 0.3 | 0.3 | 2.6 | 105.4% |
United States | 0.3 | 0.5 | 0.9 | 0.7 | 32.6% |
Turkey | 0.4 | 0.1 | 0.1 | 0.4 | 0.0% |
Iran | N/A | N/A | 0.1 | 0.4 | 300.0% |
Singapore | 0.7 | 0.7 | 0.4 | 0.3 | -24.6% |
Taiwan (Chinese) | 3.0 | 0.1 | N/A | N/A | -96.7% |
Others | 0.3 | 0.4 | 1.1 | 0.8 | 38.7% |
Total | 16.0 | 15.3 | 22.9 | 18.0 | 4.0% |
Top Export Markets for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) from China in 2022:
- Taiwan (Chinese) (undefinedK tons)
- India (6.9K tons)
- South Korea (2.7K tons)
- Japan (2.2K tons)
- United States (0.4K tons)
- Turkey (0.3K tons)
- Iran (0.3K tons)
- Singapore (0.2K tons)
This report provides an in-depth analysis of the market for butanols (excluding butan-1-ol (n-butyl alcohol)) 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 20142240 - Butanols (excluding 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.
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the market for butanols (excluding butan-1-ol (n-butyl alcohol)) in China.
This report provides an in-depth analysis of the butanol market in China.
This report provides an in-depth analysis of the market for halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols in China.
This report provides an in-depth analysis of the market for diols and polyhydric alcohols in China.
This report provides an in-depth analysis of the market for lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols in China.
This report provides an in-depth analysis of the methanol market in China.
This report provides an in-depth analysis of the unsaturated monohydric alcohols market in China.
This report provides an in-depth analysis of the propylene glycol market in China.
This report provides an in-depth analysis of the market for propyl and isopropyl alcohol in China.
This report provides an in-depth analysis of the octyl alcohol market in China.
Methanol imports reached a peak in 2023 and are expected to keep growing in the near future. The total value of methanol imports in 2023 was $4.2B.
In September 2022, the methanol price amounted to $303 per ton (CIF, China), almost unchanged from the previous month.
In February 2023, the price of propylene glycol held relatively steady at $1,165 per ton, on an FOB basis in China, unchanged from the previous month.
In September 2022, the propylene glycol price amounted to $1,416 per ton (FOB, China), with a decrease of -4.9% against the previous month.
In January 2023, there was a significant growth spurt with imports of Octyl Alcohol rising by 183% month-on-month. By June 2023, the value of Octyl Alcohol imports reached $32M.
Sorbitol exports reached their peak in 2023 and are projected to continue growing in the coming years. The value of sorbitol exports surged to $162M in 2023.
Exports of Sorbitol decreased slightly to $15M in June 2023.
Explore the world's best import markets for butanol, including China, Belgium, Germany, and more. Gain insights into key statistics and market trends. Read now on IndexBox.
The global butanol market is forecast to see a pronounced recovery in 2021. The increased demand for butyl acetate and butyl acrylate, which together comprise over half of the butanol consumption, emerges as a key butanol market driver amid the current construction boom in Asia, the U.S., Russia and Europe. The use of butanol as an alternative fuel may also accelerate the market expansion. The possibility to derive biobutanol from food waste and the emerging technology to obtain butanol from CO2 shape promising investment prospects, following the shift to a circular economy.
In today's global economy, international trade plays a crucial role in the development and growth of countries. One of the key commodities traded across borders is methanol, a versatile chemical compound used in various industries such as automotive, construction, and chemical manufacturing. Understanding the import markets for methanol is crucial for businesses, policymakers, and investors looking to capitalize on the growing demand for this essential substance. According to the latest data from the IndexBox market intelligence platform, here are the world's top import markets for methanol in terms of import value: China, India, Netherlands, South Korea, and Japan. China dominates the global methanol import market with an import value of $4.2 billion USD in 2022. India witnessed a surge in import value, reaching $985.8 million USD in 2022. The Netherlands holds the third position in the global methanol import market with a total import value of $968.1 million USD in 2022. South Korea and Japan also have strong import markets for methanol.