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

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

In 2022, the South Asian butan-1-ol (n-butyl alcohol) market decreased by -1.4% to $X, falling for the third year in a row after three years of growth. The total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.1% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Butan-1-Ol (N-Butyl Alcohol) Production in Southern Asia

In value terms, butan-1-ol (n-butyl alcohol) production reached $X in 2022 estimated in export price. The total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 56%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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

Exports in Southern Asia

In 2022, the amount of butan-1-ol (n-butyl alcohol) exported in Southern Asia declined sharply to X tons, falling by -41% compared with the previous year. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 885%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, butan-1-ol (n-butyl alcohol) exports fell remarkably to $X in 2022. Over the period under review, exports recorded a abrupt decline. The growth pace was the most rapid in 2016 with an increase of 691%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, India (X tons) was the major exporter of butan-1-ol (n-butyl alcohol) in Southern Asia, constituting 100% of total export.

India was also the fastest-growing in terms of the butan-1-ol (n-butyl alcohol) exports, with a CAGR of -17.7% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest butan-1-ol (n-butyl alcohol) supplier in Southern Asia.

In India, butan-1-ol (n-butyl alcohol) exports declined by an average annual rate of -19.2% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, shrinking by -26.1% against the previous year. In general, the export price recorded a slight setback. The pace of growth appeared the most rapid in 2021 when the export price increased by 66% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -1.8% per year.

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

Imports in Southern Asia

For the third consecutive year, Southern Asia recorded decline in purchases abroad of butan-1-ol (n-butyl alcohol), which decreased by -12.3% to X tons in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 25% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, butan-1-ol (n-butyl alcohol) imports contracted markedly to $X in 2022. Over the period under review, imports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India dominates imports structure, finishing at X tons, which was approx. 95% of total imports in 2022. Pakistan (X tons) followed a long way behind the leaders.

India experienced a relatively flat trend pattern with regard to volume of imports of butan-1-ol (n-butyl alcohol). Pakistan experienced a relatively flat trend pattern. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported butan-1-ol (n-butyl alcohol) in Southern Asia, comprising 94% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 2.9% share of total imports.

In India, butan-1-ol (n-butyl alcohol) imports decreased by an average annual rate of -1.3% over the period from 2012-2022.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, waning by -4.3% against the previous year. In general, the import price continues to indicate a slight slump. The pace of growth appeared the most rapid in 2021 an increase of 45% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per ton), while India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (-1.4%).

Source: IndexBox Platform

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