South-Eastern Asia: Market for Butene (Butylene) And Isomers Thereof 2024

Market Size for Butene (Butylene) And Isomers Thereof in South-Eastern Asia

The Southeast Asian butene and isomers thereof market dropped to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Butene (Butylene) And Isomers Thereof in South-Eastern Asia

In value terms, butene and isomers thereof production contracted to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Butene (Butylene) And Isomers Thereof

Exports in South-Eastern Asia

Butene and isomers thereof exports soared to X tons in 2022, rising by X% against the year before. In general, exports showed a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, butene and isomers thereof exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Indonesia was the largest exporter of butene (butylene) and isomers thereof in South-Eastern Asia, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by Singapore (X tons), making up a X% share of total exports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to butene and isomers thereof exports from Indonesia stood at X%. At the same time, Singapore (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Indonesia and Singapore increased by X and X percentage points, respectively.

In value terms, Indonesia ($X), Singapore ($X) and Malaysia ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Singapore, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price posted mild growth. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Butene (Butylene) And Isomers Thereof

Imports in South-Eastern Asia

In 2022, after two years of decline, there was significant growth in supplies from abroad of butene (butylene) and isomers thereof, when their volume increased by X% to X tons. Overall, imports recorded a perceptible increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, butene and isomers thereof imports soared to $X in 2022. Over the period under review, imports, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Singapore (X tons) and Thailand (X tons) represented the largest importers of butene (butylene) and isomers thereof in 2022, amounting to approx. X% and X% of total imports, respectively. Indonesia (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (X%) and the Philippines (X%).

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

In value terms, the largest butene and isomers thereof importing markets in South-Eastern Asia were Thailand ($X), Singapore ($X) and Indonesia ($X), with a combined X% share of total imports. Malaysia and the Philippines lagged somewhat behind, together comprising a further X%.

Among the main importing countries, the Philippines, 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 mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, stabilizing at the previous year. Overall, the import price showed a pronounced slump. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the Philippines ($X per ton) and Indonesia ($X per ton), while Singapore ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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