Austria: Market for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) 2024

Market Size for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Austria

The Austrian market for butanols (excluding butan-1-ol (n-butyl alcohol)) dropped remarkably to $X in 2021, reducing by -37.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol))

Exports from Austria

In 2021, exports of butanols (excluding butan-1-ol (n-butyl alcohol)) from Austria reduced remarkably to X tons, declining by -81.7% compared with 2020 figures. Over the period under review, exports recorded a abrupt slump. The growth pace was the most rapid in 2014 with an increase of 224% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) exports declined dramatically to $X in 2021. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2014 when exports increased by 169%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Hungary (X tons), Slovenia (X tons) and Slovakia (X tons) were the main destinations of butanols (excluding butan-1-ol (n-butyl alcohol)) exports from Austria, together comprising 72% of total exports. These countries were followed by Croatia, Romania, France and Belarus, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were in Belarus (with a CAGR of +113.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Slovenia ($X) and Slovakia ($X) constituted the largest markets for butanols (excluding butan-1-ol (n-butyl alcohol)) exported from Austria worldwide, together accounting for 77% of total exports. Croatia, Belarus, Romania and France lagged somewhat behind, together comprising a further 15%.

In terms of the main countries of destination, Belarus, with a CAGR of +144.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for butanols (excluding butan-1-ol (n-butyl alcohol)) stood at $X per ton in 2021, growing by 69% against the previous year. Over the period under review, the export price, however, showed a slight shrinkage. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belarus ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol))

Imports into Austria

In 2021, approx. X tons of butanols (excluding butan-1-ol (n-butyl alcohol)) were imported into Austria; falling by -46.6% compared with the previous year. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 326% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) imports shrank rapidly to $X in 2021. In general, imports saw a slight contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 286%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Poland (X tons) constituted the largest butanols (excluding butan-1-ol (n-butyl alcohol)) supplier to Austria, accounting for a 73% share of total imports. Moreover, butanols (excluding butan-1-ol (n-butyl alcohol)) imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland amounted to +18.7%.

In value terms, the largest butanols (excluding butan-1-ol (n-butyl alcohol)) suppliers to Austria were Poland ($X) and Germany ($X).

Among the main suppliers, Poland, with a CAGR of +17.3%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average import price for butanols (excluding butan-1-ol (n-butyl alcohol)) stood at $X per ton in 2021, picking up by 35% against the previous year. Overall, the import price, however, recorded a mild reduction. The growth pace was the most rapid in 2014 when the average import price increased by 78%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Poland amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.0%).

Source: IndexBox Platform

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