Report Update Apr 1, 2024

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

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

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

The Sri Lankan market for butanols (excluding butan-1-ol (n-butyl alcohol)) fell sharply to $X in 2022, which is down by -53.2% 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, consumption showed a abrupt descent. Butanols (excluding butan-1-ol (n-butyl alcohol)) consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

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

Exports from Sri Lanka

In 2022, after three years of decline, there was significant growth in shipments abroad of butanols (excluding butan-1-ol (n-butyl alcohol)), when their volume increased by 21% to X kg. In general, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 284% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) exports reached $X in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 539% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Oman (X kg) was the main destination for butanols (excluding butan-1-ol (n-butyl alcohol)) exports from Sri Lanka, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Oman stood at +16.0%.

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

From 2012 to 2022, the average annual growth rate of value to Oman totaled +69.3%.

Export Prices by Country

In 2022, the average export price for butanols (excluding butan-1-ol (n-butyl alcohol)) amounted to $X per ton, which is down by -11.6% against the previous year. Overall, the export price, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2017 an increase of 197% against the previous year. The export price peaked at $X per ton in 2021, and then declined in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +45.9% per year.

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

Imports into Sri Lanka

For the fourth year in a row, Sri Lanka recorded decline in overseas purchases of butanols (excluding butan-1-ol (n-butyl alcohol)), which decreased by -55% to X tons in 2022. Over the period under review, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2013 with an increase of 56%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) imports fell rapidly to $X in 2022. Overall, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when imports increased by 16% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Singapore (X tons), South Africa (X tons) and India (X kg) were the main suppliers of butanols (excluding butan-1-ol (n-butyl alcohol)) imports to Sri Lanka, together accounting for 99.9% of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +25.0%), while purchases for the other leaders experienced a decline.

In value terms, Singapore ($X) constituted the largest supplier of butanols (excluding butan-1-ol (n-butyl alcohol)) to Sri Lanka, comprising 60% of total imports. The second position in the ranking was taken by South Africa ($X), with a 28% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Singapore amounted to -11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-14.2% per year) and India (+18.9% per year).

Import Prices by Country

In 2022, the average import price for butanols (excluding butan-1-ol (n-butyl alcohol)) amounted to $X per ton, increasing by 9.4% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 2017 when the average import price increased by 54%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+82.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of consumption in 2022 were China, the United States and Malaysia, together comprising 39% of global consumption.

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 2022 were China, Malaysia and the United States, with a combined 35% share of global production.

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

In value terms, Singapore constituted the largest supplier of butanols excluding butan-1-ol n-butyl alcohol)) to Sri Lanka, comprising 60% of total imports. The second position in the ranking was taken by South Africa, with a 28% share of total imports.

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

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

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

The average export price for butanols excluding butan-1-ol n-butyl alcohol)) stood at $9,613 per ton in 2022, shrinking by -11.6% against the previous year.

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

In 2022, the average import price for butanols excluding butan-1-ol n-butyl alcohol)) amounted to $2,488 per ton, with an increase of 9.4% against the previous year.

This report provides an in-depth analysis of the market for butanols (excluding butan-1-ol (n-butyl alcohol)) in Sri Lanka. 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:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
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
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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