Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Serbia - 2023
Contents:
- Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Serbia (CIF) - 2022
- Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Serbia (FOB) - 2022
- Imports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Serbia
- Exports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Serbia
Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Serbia (CIF) - 2022
In 2022, the average import price for butanols (excluding butan-1-ol (n-butyl alcohol)) amounted to $1,262 per ton, with a decrease of -3.6% against the previous year. Overall, the import price saw a abrupt decrease. The growth pace was the most rapid in 2020 when the average import price increased by 39% against the previous year. The import price peaked at $2,382 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($1,283 per ton), while the price for Turkey ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+13.6%), while the prices for the other major suppliers experienced a decline.
Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Serbia (FOB) - 2022
The average export price for butanols (excluding butan-1-ol (n-butyl alcohol)) stood at $29,110 per ton in 2022, falling by -63% against the previous year. In general, the export price showed a mild downturn. The pace of growth was the most pronounced in 2021 an increase of 1,644% against the previous year. As a result, the export price attained the peak level of $78,667 per ton, and then plummeted in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($82,056 per ton), while the average price for exports to Montenegro totaled $14,219 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+2.2%), while the prices for the other major destinations experienced a decline.
Imports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Serbia
In 2022, imports of butanols (excluding butan-1-ol (n-butyl alcohol)) into Serbia contracted rapidly to 305 tons, declining by -68.2% against 2021. Over the period under review, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 174%. As a result, imports attained the peak of 959 tons, and then dropped sharply in the following year.
In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) imports shrank significantly to $385K in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 207% against the previous year. As a result, imports attained the peak of $1.3M, and then fell remarkably in the following year.
| Import of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | 79.5 | 319 | 301.3% |
| Romania | 381 | 17.5 | 563 | 58.9 | -46.3% |
| Poland | N/A | 388 | 530 | N/A | 36.6% |
| Turkey | N/A | N/A | 73.1 | N/A | 0% |
| Others | 4.2 | 3.7 | 10.1 | 7.7 | 22.4% |
| Total | 385 | 409 | 1,256 | 385 | 0.0% |
Top Suppliers of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) to Serbia in 2022:
- Turkey (undefined tons)
- Russia (258.7 tons)
- Romania (45.9 tons)
Exports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Serbia
In 2022, approx. 82 kg of butanols (excluding butan-1-ol (n-butyl alcohol)) were exported from Serbia; jumping by 356% against 2021 figures. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,547%. As a result, the exports reached the peak of 280 kg. 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 skyrocketed to $2.4K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Serbia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 930 | 868 | 1,363 | 1,477 | 16.7% |
| Montenegro | 277 | 25.0 | 53.0 | 910 | 48.7% |
| Central African Republic | N/A | 370 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,207 | 1,263 | 1,416 | 2,387 | 25.5% |
Top Export Markets for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) from Serbia in 2022:
- Montenegro (64.0 kg)
- North Macedonia (18.0 kg)
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