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

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

The Europe butene and isomers thereof market declined to $X in 2022, standing approx. at the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2021, and then contracted slightly in the following year.

Production of Butene (Butylene) And Isomers Thereof in Europe

In value terms, butene and isomers thereof production fell to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Butene (Butylene) And Isomers Thereof

Exports in Europe

In 2022, butene and isomers thereof exports in Europe reduced to X tons, falling by X% compared with the year before. In general, exports showed a deep setback. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The volume of export peaked 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 skyrocketed to $X in 2022. Overall, exports showed a noticeable descent. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Belgium (X tons) represented the main exporter of butene (butylene) and isomers thereof, creating X% of total exports. It was distantly followed by the Netherlands (X tons) and Germany (X tons), together creating a X% share of total exports. Italy (X tons) took a little 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 ($X) remains the largest butene and isomers thereof supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($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. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, increasing by X% against the previous year. Export price indicated slight 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, 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 Europe

In 2022, imports of butene (butylene) and isomers thereof in Europe declined rapidly to X tons, with a decrease of X% against the previous year's figure. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of import peaked 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 soared to $X in 2022. In general, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Belgium represented the key importing country with an import of about X tons, which reached X% of total imports. Germany (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by the Netherlands (X%), Switzerland (X%), France (X%) and Sweden (X%). Finland (X tons) took a minor share of total imports.

Imports into Belgium decreased at an average annual rate of X% from 2012 to 2022. At the same time, Sweden (X%) and Finland (X%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Switzerland experienced a relatively flat trend pattern. By contrast, Germany (X%), the Netherlands (X%) and France (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.), Sweden (X p.p.), Switzerland (X p.p.), Finland (X p.p.) and Germany (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of France (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported butene (butylene) and isomers thereof in Europe, comprising X% of total imports. The second position in the ranking was taken by Germany ($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 declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price recorded 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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