Eastern Europe: Market for Butene (Butylene) And Isomers Thereof 2024

Market Size for Butene (Butylene) And Isomers Thereof in Eastern Europe

The East European butene and isomers thereof market totaled $X in 2022, leveling off at the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Production of Butene (Butylene) And Isomers Thereof in Eastern Europe

In value terms, butene and isomers thereof production rose slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

Exports of Butene (Butylene) And Isomers Thereof

Exports in Eastern Europe

In 2022, overseas shipments of butene (butylene) and isomers thereof were finally on the rise to reach X tons after two years of decline. In general, exports, however, saw a significant curtailment. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, butene and isomers thereof exports skyrocketed to $X in 2022. Overall, exports, however, saw a dramatic curtailment. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Russia (X tons) represented the largest exporter of butene (butylene) and isomers thereof in Eastern Europe, constituting X% of total export.

Russia was also the fastest-growing in terms of the butene (butylene) and isomers thereof exports, with a CAGR of X% from 2012 to 2022. While the share of Russia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest butene and isomers thereof supplier in Eastern Europe.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to X%.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to X% per year.

Imports of Butene (Butylene) And Isomers Thereof

Imports in Eastern Europe

In 2022, after three years of growth, there was decline in purchases abroad of butene (butylene) and isomers thereof, when their volume decreased by X% to X tons. Over the period under review, imports showed a deep setback. The pace of growth was the most pronounced in 2015 when imports increased by X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, butene and isomers thereof imports reached $X in 2022. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Russia was the largest importer of butene (butylene) and isomers thereof in Eastern Europe, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. It was distantly followed by Poland (X tons), Hungary (X tons) and the Czech Republic (X tons), together creating a X% share of total imports.

Russia was also the fastest-growing in terms of the butene (butylene) and isomers thereof imports, with a CAGR of X% from 2012 to 2022. At the same time, Poland (X%) displayed positive paces of growth. Hungary experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. Russia (X p.p.), Poland (X p.p.), Hungary (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported butene (butylene) and isomers thereof in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Hungary ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%. In the other countries, the average annual rates were as follows: Hungary (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Hungary ($X per ton) and the Czech Republic ($X per ton), while Poland ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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