Latin America and the Caribbean: Market for Butene (Butylene) And Isomers Thereof 2024

Market Size for Butene (Butylene) And Isomers Thereof in Latin America and the Caribbean

The Latin American butene and isomers thereof market fell to $X in 2022, approximately mirroring the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Butene (Butylene) And Isomers Thereof in Latin America and the Caribbean

In value terms, butene and isomers thereof production declined to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Butene (Butylene) And Isomers Thereof

Exports in Latin America and the Caribbean

In 2022, after two years of decline, there was significant growth in overseas shipments of butene (butylene) and isomers thereof, when their volume increased by X% to X tons. Over the period under review, exports, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, butene and isomers thereof exports surged to $X in 2022. In general, exports saw pronounced growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil represented the major exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by Argentina (X tons), making up a X% share of total exports.

Exports from Brazil decreased at an average annual rate of X% from 2012 to 2022. At the same time, Argentina (X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. While the share of Argentina (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Brazil (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) remains the largest butene and isomers thereof supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Brazil totaled X%.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Argentina stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%).

Imports of Butene (Butylene) And Isomers Thereof

Imports in Latin America and the Caribbean

In 2022, the amount of butene (butylene) and isomers thereof imported in Latin America and the Caribbean surged to X tons, jumping by X% compared with 2021. In general, imports, however, continue to indicate a abrupt setback. 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 skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a abrupt slump. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Mexico (X tons) represented the key importer of butene (butylene) and isomers thereof, committing X% of total imports. Venezuela (X tons) ranks second in terms of the total imports with a X% share, followed by Argentina (X%) and Brazil (X%).

Imports into Mexico decreased at an average annual rate of X% from 2012 to 2022. At the same time, Argentina (X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Venezuela (X%) and Brazil (X%) illustrated a downward trend over the same period. Venezuela (X p.p.) and Argentina (X p.p.) significantly strengthened its position in terms of the total imports, while Mexico and Brazil saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Mexico ($X), Venezuela ($X) and Argentina ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

In terms of the main importing countries, Argentina, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while Mexico ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :