Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Tanzania - 2022
Contents:
- Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Tanzania (CIF) - 2022
- Imports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Tanzania
Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Tanzania (CIF) - 2022
The average import price for butanols (excluding butan-1-ol (n-butyl alcohol)) stood at $1,793 per ton in 2022, picking up by 9.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 65% against the previous year. As a result, import price reached the peak level of $2,108 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
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 India ($3,341 per ton), while the price for the United Arab Emirates ($874 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Tanzania
In 2022, supplies from abroad of butanols (excluding butan-1-ol (n-butyl alcohol)) decreased by -31.8% to 37 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 0.9% against the previous year. As a result, imports attained the peak of 77 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) imports fell remarkably to $66K in 2022. In general, imports recorded a deep setback. The smallest decline of -10% was in 2020.
Import of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | N/A | N/A | N/A | 40.7 | 0% |
India | 3.0 | 17.3 | 8.3 | 16.1 | 75.1% |
Saudi Arabia | 44.7 | 40.2 | 13.3 | 7.0 | -46.1% |
United Arab Emirates | 38.1 | 24.7 | 13.4 | 1.5 | -66.0% |
United States | 4.0 | 3.1 | 1.1 | N/A | -47.6% |
South Africa | 10.0 | 14.4 | 10.2 | N/A | 1.0% |
Taiwan (Chinese) | 11.9 | 1.2 | 37.7 | N/A | 78.0% |
Others | 1.7 | 1.3 | 4.2 | 0.3 | -43.9% |
Total | 113 | 102 | 88.2 | 65.6 | -16.6% |
Top Suppliers of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) to Tanzania in 2022:
- Russia (27.0 tons)
- India (4.8 tons)
- Saudi Arabia (3.0 tons)
- United Arab Emirates (1.8 tons)
This report provides an in-depth analysis of the butanol market in Tanzania.
This report provides an in-depth analysis of the market for halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols in Tanzania.
This report provides an in-depth analysis of the market for diols and polyhydric alcohols in Tanzania.
This report provides an in-depth analysis of the market for lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols in Tanzania.
This report provides an in-depth analysis of the methanol market in Tanzania.
This report provides an in-depth analysis of the unsaturated monohydric alcohols market in Tanzania.
This report provides an in-depth analysis of the propylene glycol market in Tanzania.
This report provides an in-depth analysis of the market for propyl and isopropyl alcohol in Tanzania.
This report provides an in-depth analysis of the octyl alcohol market in Tanzania.
This report provides an in-depth analysis of the ethylene glycol market in Tanzania.
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.
The use of methanol as an alternative fuel is in line with the new global green agenda and can become a new driver of the methanol market. Maritime and automotive fuels constitute the prospective methanol applications. China is the largest market for imported methanol, with import growth to persist, should more cars work on the methanol fuel.
Explore the top import markets for ethylene glycol based on the latest data from IndexBox. Discover key statistics and insights for countries like China, India, Turkey, and more.
Increasing demand for PET packaging and urgent need for eco-friendly refrigerants to become the main drivers of the ethylene glycol market growth.
South Korea became the fastest-growing sorbitol importer in the past decade. From 2010 to 2020, supplies to South Korea rose from $3.1M to $19.2M, while in physical terms, they expanded from 3.4K to 17K tons.
The global alcohol market revenue amounted to $56.1B in 2018, remaining stable against the previous year. This...
In value terms, sulphonated, nitrated and nitrosated derivatives of hydrocarbons imports stood at $X in 2016. In general, sulphonated, nitrated and nitrosated derivatives of hydrocarbons imports co...
In 2016, the global imports of alcohol amounted to X tons, shrinking by -X% against the previous year level. In general, alcohol imports continue to indicate a slight deduction. The pace of gro...