EU: Market for Butene (Butylene) And Isomers Thereof 2024

Market Size for Butene (Butylene) And Isomers Thereof in the EU

The EU butene and isomers thereof market declined to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Butene (Butylene) And Isomers Thereof in the EU

In value terms, butene and isomers thereof production fell modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a slight contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Butene (Butylene) And Isomers Thereof

Exports in the EU

Butene and isomers thereof exports reduced to X tons in 2022, with a decrease of X% against 2021. Overall, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, butene and isomers thereof exports soared to $X in 2022. Over the period under review, exports recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. 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

Belgium represented the main exporter of butene (butylene) and isomers thereof in the European Union, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by the Netherlands (X tons) and Germany (X tons), together mixing up a X% share of total exports. Italy (X tons) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Italy (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Belgium ($X) remains the largest butene and isomers thereof supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

In Belgium, butene and isomers thereof exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, rising by X% against the previous year. Export price indicated a mild increase 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, butene and isomers thereof export price increased by X% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Germany ($X per ton) and Belgium ($X per ton), while the Netherlands ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Butene (Butylene) And Isomers Thereof

Imports in the EU

In 2022, overseas purchases of butene (butylene) and isomers thereof decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a drastic downturn. 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 at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, butene and isomers thereof imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a abrupt setback. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X tons) was the largest importer of butene (butylene) and isomers thereof, making up X% of total imports. It was distantly followed by Germany (X tons), the Netherlands (X tons), France (X tons), Sweden (X tons) and Finland (X tons), together achieving a X% share of total imports. Austria (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to butene and isomers thereof imports into Belgium stood at X%. At the same time, Sweden (X%) and Finland (X%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Germany (X%), the Netherlands (X%), Austria (X%) and France (X%) illustrated a downward trend over the same period. Belgium (X p.p.), Sweden (X p.p.), Germany (X p.p.), Finland (X p.p.) and the Netherlands (X p.p.) significantly strengthened its position in terms of the total imports, while France saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported butene (butylene) and isomers thereof in the European Union, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

In Belgium, butene and isomers thereof imports shrank by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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