Report Update Apr 1, 2024

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

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

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

In 2021, the Norwegian market for butanols (excluding butan-1-ol (n-butyl alcohol)) was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption saw a abrupt curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

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

Exports from Norway

For the fourth consecutive year, Norway recorded decline in shipments abroad of butanols (excluding butan-1-ol (n-butyl alcohol)), which decreased by -4.3% to X tons in 2021. Overall, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 128%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) exports soared to $X in 2021. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 142%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Singapore (X tons) was the main destination for butanols (excluding butan-1-ol (n-butyl alcohol)) exports from Norway, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Singapore amounted to -17.6%.

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

From 2012 to 2021, the average annual growth rate of value to Singapore totaled -12.0%.

Export Prices by Country

The average export price for butanols (excluding butan-1-ol (n-butyl alcohol)) stood at $X per ton in 2021, rising by 30% against the previous year. In general, the export price posted a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2021, the rate of growth in terms of prices for Singapore amounted to +6.8% per year.

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

Imports into Norway

In 2021, purchases abroad of butanols (excluding butan-1-ol (n-butyl alcohol)) decreased by -6.6% to X tons, falling for the fourth year in a row after two years of growth. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2017 when imports increased by 19%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) imports surged to $X in 2021. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 72%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of butanols (excluding butan-1-ol (n-butyl alcohol)) imports to Norway, together comprising 63% of total imports. Switzerland, France, Austria, Poland, the United States and Finland lagged somewhat behind, together comprising a further 31%.

From 2012 to 2021, the biggest increases were in Austria (with a CAGR of +1,156.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest butanols (excluding butan-1-ol (n-butyl alcohol)) suppliers to Norway were Russia ($X), Germany ($X) and France ($X), with a combined 66% share of total imports. Austria, Belgium, Switzerland, Poland, the United States and Finland lagged somewhat behind, together comprising a further 29%.

Austria, with a CAGR of +649.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for butanols (excluding butan-1-ol (n-butyl alcohol)) stood at $X per ton in 2021, picking up by 50% against the previous year. Over the period under review, the import price, however, saw a pronounced reduction. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.5%), 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 butanols (excluding butan-1-ol (n-butyl alcohol)) in the world?

China remains the largest butanols excluding butan-1-ol n-butyl alcohol)) consuming country worldwide, accounting for 22% of total volume. Moreover, butanols excluding butan-1-ol n-butyl alcohol)) consumption in China exceeded the figures recorded by the second-largest consumer, South Korea, threefold. India ranked third in terms of total consumption with a 7.7% share.

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

The countries with the highest volumes of production in 2021 were China, Malaysia and the United States, together accounting for 35% of global production.

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

In value terms, the largest butanols excluding butan-1-ol n-butyl alcohol)) suppliers to Norway were Russia, Germany and France, together accounting for 66% of total imports. These countries were followed by Austria, Belgium, Switzerland, Poland, the United States and Finland, which together accounted for a further 29%.

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

In value terms, Singapore remains the key foreign market for butanols excluding butan-1-ol n-butyl alcohol)) exports from Norway.

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

In 2021, the average export price for butanols excluding butan-1-ol n-butyl alcohol)) amounted to $2,986 per ton, surging by 30% against the previous year.

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

In 2021, the average import price for butanols excluding butan-1-ol n-butyl alcohol)) amounted to $1,261 per ton, picking up by 50% against the previous year.

This report provides an in-depth analysis of the market for butanols (excluding butan-1-ol (n-butyl alcohol)) in Norway. 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 20142240 - Butanols (excluding butan-1-ol (n-butyl alcohol))

Country coverage:

Norway

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Norway
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
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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
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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