Report Update Apr 1, 2024

Hungary - Butan-1-Ol (N-Butyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Butan-1-Ol (N-Butyl Alcohol) Market 2024

Butan-1-Ol (N-Butyl Alcohol) Market Size in Hungary

The Hungarian butan-1-ol (n-butyl alcohol) market soared to $X in 2022, with an increase of 16% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a noticeable slump. Butan-1-ol (n-butyl alcohol) consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Butan-1-Ol (N-Butyl Alcohol) Exports

Exports from Hungary

In 2022, butan-1-ol (n-butyl alcohol) exports from Hungary surged to X tons, rising by 124% on 2021 figures. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 280% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, butan-1-ol (n-butyl alcohol) exports soared to $X in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Bulgaria (X tons) was the main destination for butan-1-ol (n-butyl alcohol) exports from Hungary, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Bulgaria stood at +84.5%.

In value terms, Bulgaria ($X) also remains the key foreign market for butan-1-ol (n-butyl alcohol) exports from Hungary.

From 2012 to 2022, the average annual growth rate of value to Bulgaria totaled +121.2%.

Export Prices by Country

The average butan-1-ol (n-butyl alcohol) export price stood at $X per ton in 2022, surging by 74% against the previous year. Overall, the export price, however, continues to indicate a deep downturn. The export price peaked at $X per ton in 2012; however, from 2013 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 Bulgaria.

From 2012 to 2022, the rate of growth in terms of prices for Bulgaria amounted to +19.9% per year.

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Butan-1-Ol (N-Butyl Alcohol) Imports

Imports into Hungary

In 2022, imports of butan-1-ol (n-butyl alcohol) into Hungary skyrocketed to X tons, jumping by 36% compared with the year before. Over the period under review, imports, however, showed a perceptible setback. The pace of growth was the most pronounced in 2020 when imports increased by 40%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, butan-1-ol (n-butyl alcohol) imports surged to $X in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 53% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of butan-1-ol (n-butyl alcohol) to Hungary, accounting for a 56% share of total imports. Moreover, butan-1-ol (n-butyl alcohol) imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was taken by Belgium (X tons), with a 9% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (0.0% per year) and Belgium (+119.0% per year).

In value terms, Germany ($X) constituted the largest supplier of butan-1-ol (n-butyl alcohol) to Hungary, comprising 54% of total imports. The second position in the ranking was taken by Italy ($X), with an 18% share of total imports. It was followed by Romania, with a 9.2% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +16.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (0.0% per year) and Romania (-47.1% per year).

Import Prices by Country

In 2022, the average butan-1-ol (n-butyl alcohol) import price amounted to $X per ton, dropping by -7.8% against the previous year. Over the period under review, the import price, however, continues to indicate measured growth. The growth pace was the most rapid in 2021 an increase of 121%. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($X per ton) and Romania ($X per ton), while the price for Belgium ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for butan-1-ol (n-butyl alcohol) in the world?

The countries with the highest volumes of consumption in 2022 were China, the United States and India, together comprising 41% of global consumption. Germany, Japan, Nigeria, Russia, Indonesia, the UK, Turkey, Taiwan Chinese), South Korea and South Africa lagged somewhat behind, together accounting for a further 33%.

What are the largest producers of butan-1-ol (n-butyl alcohol) in the world?

The countries with the highest volumes of production in 2022 were the United States, China and India, with a combined 39% share of global production.

What are the leading suppliers of butan-1-ol (n-butyl alcohol) to Hungary?

In value terms, Germany constituted the largest supplier of butan-1-ol n-butyl alcohol) to Hungary, comprising 54% of total imports. The second position in the ranking was held by Italy, with an 18% share of total imports. It was followed by Romania, with a 9.2% share.

What are the leading importers of butan-1-ol (n-butyl alcohol) from Hungary?

In value terms, Bulgaria remains the key foreign market for butan-1-ol n-butyl alcohol) exports from Hungary.

What is the average export price for butan-1-ol (n-butyl alcohol) in Hungary?

In 2022, the average butan-1-ol n-butyl alcohol) export price amounted to $1,820 per ton, increasing by 74% against the previous year.

What is the average import price for butan-1-ol (n-butyl alcohol) in Hungary?

In 2022, the average butan-1-ol n-butyl alcohol) import price amounted to $2,112 per ton, reducing by -7.8% against the previous year.

This report provides an in-depth analysis of the butan-1-ol (n-butyl alcohol) market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20142230 - Butan-1-ol (n-butyl alcohol)

Country coverage:

Hungary

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hungary
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023