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

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

After two years of decline, the German market for butanols (excluding butan-1-ol (n-butyl alcohol)) increased by 32% to $X in 2022. In general, consumption, however, faced a abrupt shrinkage. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Germany

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) production surged to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by 57%. Over the period under review, production reached the peak level in 2022 and is likely to see steady growth in years to come.

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

Exports from Germany

In 2022, overseas shipments of butanols (excluding butan-1-ol (n-butyl alcohol)) decreased by -8.2% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a mild downturn. The growth pace was the most rapid in 2020 with an increase of 27%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) exports expanded modestly to $X in 2022. In general, exports showed a mild reduction. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons), Italy (X tons) and Belgium (X tons) were the main destinations of butanols (excluding butan-1-ol (n-butyl alcohol)) exports from Germany, with a combined 44% share of total exports. France, Turkey, Spain, the Netherlands, the UK, China, Norway, Poland, Switzerland and the United States lagged somewhat behind, together accounting for a further 45%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +24.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for butanols (excluding butan-1-ol (n-butyl alcohol)) exported from Germany were Italy ($X), France ($X) and Belgium ($X), together accounting for 49% of total exports. India, Turkey, Spain, the Netherlands, the UK, Norway, Switzerland, Poland, China and the United States lagged somewhat behind, together accounting for a further 40%.

Turkey, with a CAGR of +22.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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 2022, with an increase of 12% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 37%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Germany

In 2022, approx. X tons of butanols (excluding butan-1-ol (n-butyl alcohol)) were imported into Germany; falling by -22% compared with the previous year's figure. In general, imports faced a deep slump. The pace of growth appeared the most rapid in 2017 when imports increased by 51%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) imports shrank dramatically to $X in 2022. Over the period under review, imports faced a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of 67% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest butanols (excluding butan-1-ol (n-butyl alcohol)) supplier to Germany, with a 38% share of total imports. Moreover, butanols (excluding butan-1-ol (n-butyl alcohol)) imports from the United States exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was taken by Russia (X tons), with a 9.9% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-9.5% per year) and Russia (+20.0% per year).

In value terms, the largest butanols (excluding butan-1-ol (n-butyl alcohol)) suppliers to Germany were the United States ($X), Poland ($X) and Belgium ($X), with a combined 52% share of total imports. France, Russia, South Africa and China lagged somewhat behind, together accounting for a further 33%.

In terms of the main suppliers, Russia, with a CAGR of +19.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for butanols (excluding butan-1-ol (n-butyl alcohol)) amounted to $X per ton, growing by 6.8% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 43% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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