
Libya - Butan-1-Ol (N-Butyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights
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Libya: Butan-1-Ol (N-Butyl Alcohol) Market 2022
Butan-1-Ol (N-Butyl Alcohol) Market Size in Libya
The Libyan butan-X (n-butyl alcohol) market reduced to $X in 2021, falling by -X% 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). In general, the total consumption indicated a mild increase from 2012 to 2021: its value decreased at an average annual rate of -X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2017 indices. Over the period under review, the market reached the maximum level at $X in 2020, and then declined in the following year.
Butan-1-Ol (N-Butyl Alcohol) Imports
Imports into Libya
Butan-X (n-butyl alcohol) imports into Libya contracted to X tons in 2021, reducing by -X% against the previous year's figure. In general, imports showed a slight downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.
In value terms, butan-X (n-butyl alcohol) imports dropped notably to $X in 2021. Overall, imports continue to indicate a noticeable increase. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2020, and then fell remarkably in the following year.
Imports by Country
The UK (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of butan-X (n-butyl alcohol) imports to Libya, together accounting for X% of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the UK ($X) constituted the largest supplier of butan-X (n-butyl alcohol) to Libya, comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports. It was followed by Belgium, with an X% share.
From 2012 to 2021, the average annual growth rate of value from the UK stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Belgium (-X% per year).
Import Prices by Country
The average butan-X (n-butyl alcohol) import price stood at $X per ton in 2021, which is down by -X% against the previous year. Over the period under review, the import price, however, showed a moderate increase. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then declined in the following year.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the butan-1-ol (n-butyl alcohol) market in Libya. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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