Benelux: Butanone Market 2024

Butanone Market Size in Benelux

The Benelux butanone market soared to $X in 2022, rising by X% against the previous year. In general, consumption continues to indicate strong growth. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Butanone Production in Benelux

In value terms, butanone production reached $X in 2022 estimated in export price. Overall, production, however, continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2014 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Butanone Exports

Exports in Benelux

In 2022, overseas shipments of butanone (methyl ethyl ketone) decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, butanone exports skyrocketed to $X in 2022. Overall, exports, however, enjoyed a temperate increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

The Netherlands represented the largest exporter of butanone (methyl ethyl ketone) in Benelux, with the volume of exports recording X tons, which was near X% of total exports in 2022. It was distantly followed by Belgium (X tons), creating a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of X%).

In value terms, the largest butanone supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, jumping by X% against the previous year. Export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butanone export price increased by X% against 2019 indices. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Butanone Imports

Imports in Benelux

In 2022, overseas purchases of butanone (methyl ethyl ketone) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X%. The volume of import peaked at X tons in 2021, and then contracted modestly in the following year.

In value terms, butanone imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Belgium (X tons) was the largest importer of butanone (methyl ethyl ketone), constituting X% of total imports. It was distantly followed by the Netherlands (X tons), achieving a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to butanone imports into Belgium stood at X%. At the same time, the Netherlands (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2022. While the share of the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, Belgium ($X) constitutes the largest market for imported butanone (methyl ethyl ketone) in Benelux, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports.

In Belgium, butanone imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, jumping by X% against the previous year. Import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butanone import price increased by X% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :