Portugal: Butanol Market 2024

Butanol Market Size in Portugal

The Portuguese butanol market declined rapidly to $X in 2022, with a decrease of 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). Over the period under review, the total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2021, and then reduced dramatically in the following year.

Butanol Exports

Exports from Portugal

After two years of growth, overseas shipments of butanol decreased by X% to X tons in 2022. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, butanol exports soared to $X in 2022. In general, exports, however, continue to indicate notable growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Angola (X tons) was the main destination for butanol exports from Portugal, accounting for a X% share of total exports. Moreover, butanol exports to Angola exceeded the volume sent to the second major destination, Spain (X tons), fourfold. The third position in this ranking was taken by Cabo Verde (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Angola stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Cabo Verde (X% per year).

In value terms, Angola ($X) remains the key foreign market for butanol exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Cabo Verde ($X), with an X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Angola amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cabo Verde (X% per year) and Spain (X% per year).

Export Prices by Country

In 2022, the average butanol export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Spain ($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 Angola (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Butanol Imports

Imports into Portugal

In 2022, approx. X tons of butanol were imported into Portugal; falling by X% against 2021. Overall, imports continue to indicate a perceptible reduction. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2021, and then dropped markedly in the following year.

In value terms, butanol imports dropped to $X in 2022. In general, imports, however, showed a measured increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest butanol supplier to Portugal, accounting for a X% share of total imports. Moreover, butanol imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Belgium (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Belgium (X% per year).

In value terms, Spain ($X) constituted the largest supplier of butanol to Portugal, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average butanol import price amounted to $X per ton, with an increase of X% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butanol import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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