Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Tanzania - 2022

Contents:

  1. Price for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Tanzania (CIF) - 2022
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A40.70%
India3.017.38.316.175.1%
Saudi Arabia44.740.213.37.0-46.1%
United Arab Emirates38.124.713.41.5-66.0%
United States4.03.11.1N/A-47.6%
South Africa10.014.410.2N/A1.0%
Taiwan (Chinese)11.91.237.7N/A78.0%
Others1.71.34.20.3-43.9%
Total11310288.265.6-16.6%

Top Suppliers of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) to Tanzania in 2022:

  1. Russia (27.0 tons)
  2. India (4.8 tons)
  3. Saudi Arabia (3.0 tons)
  4. United Arab Emirates (1.8 tons)

Source: IndexBox Market Intelligence Platform

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