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

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

The Polish butan-1-ol (n-butyl alcohol) market fell to $X in 2022, with a decrease of -14.8% against the previous year. In general, consumption recorded a slight shrinkage. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Butan-1-Ol (N-Butyl Alcohol) Production in Poland

In value terms, butan-1-ol (n-butyl alcohol) production shrank modestly to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of 59% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

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

Exports from Poland

After four years of decline, shipments abroad of butan-1-ol (n-butyl alcohol) increased by 103% to X tons in 2022. In general, exports, however, recorded a dramatic downturn. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, butan-1-ol (n-butyl alcohol) exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a precipitous curtailment. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for butan-1-ol (n-butyl alcohol) exports from Poland, accounting for a 44% share of total exports. Moreover, butan-1-ol (n-butyl alcohol) exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), threefold. The third position in this ranking was held by the Czech Republic (X tons), with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to -28.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-23.4% per year) and the Czech Republic (-37.3% per year).

In value terms, Germany ($X) remains the key foreign market for butan-1-ol (n-butyl alcohol) exports from Poland, comprising 44% of total exports. The second position in the ranking was held by Italy ($X), with a 17% share of total exports. It was followed by the Czech Republic, with an 8.6% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to -24.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-19.8% per year) and the Czech Republic (-34.6% per year).

Export Prices by Country

In 2022, the average butan-1-ol (n-butyl alcohol) export price amounted to $X per ton, jumping by 37% against the previous year. Overall, the export price showed a noticeable increase. The growth pace was the most rapid in 2021 an increase of 64% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Switzerland ($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 Belgium (+27.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Poland

In 2022, the amount of butan-1-ol (n-butyl alcohol) imported into Poland contracted sharply to X tons, shrinking by -33.2% compared with the previous year's figure. Over the period under review, total imports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 46%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, butan-1-ol (n-butyl alcohol) imports totaled $X in 2022. Overall, total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +116.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 113%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

South Africa (X tons), Russia (X tons) and France (X tons) were the main suppliers of butan-1-ol (n-butyl alcohol) imports to Poland, together accounting for 90% of total imports. Slovakia, China, Germany and Belgium lagged somewhat behind, together accounting for a further 8.1%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +536,546.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Russia ($X) and China ($X) constituted the largest butan-1-ol (n-butyl alcohol) suppliers to Poland, with a combined 85% share of total imports.

Among the main suppliers, China, with a CAGR of +560,111.6%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average butan-1-ol (n-butyl alcohol) import price amounted to $X per ton, with an increase of 52% against the previous year. Over the period under review, the import price enjoyed a measured increase. The pace of growth appeared the most rapid in 2017 an increase of 70% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Russia ($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 (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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