Report Update May 1, 2024

Hong Kong SAR, China - Butan-1-Ol (N-Butyl Alcohol) - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Butan-1-Ol (N-Butyl Alcohol) Market 2024

Butan-1-Ol (N-Butyl Alcohol) Market Size in Hong Kong SAR, China

The Hong Kong butan-1-ol (n-butyl alcohol) market stood at $X in 2022, rising by 6.2% against the previous year. Overall, consumption saw a strong expansion. Butan-1-ol (n-butyl alcohol) consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Butan-1-Ol (N-Butyl Alcohol) Production in Hong Kong SAR, China

In value terms, butan-1-ol (n-butyl alcohol) production rose rapidly to $X in 2022 estimated in export price. Overall, production posted a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of 51% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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

Exports from Hong Kong SAR, China

In 2022, the amount of butan-1-ol (n-butyl alcohol) exported from Hong Kong SAR dropped sharply to X tons, waning by -20% compared with the previous year. Overall, exports recorded a precipitous setback. The growth pace was the most rapid in 2019 when exports increased by 31% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, butan-1-ol (n-butyl alcohol) exports contracted slightly to $X in 2022. Over the period under review, exports faced a significant decrease. The pace of growth was the most pronounced in 2019 when exports increased by 155% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for butan-1-ol (n-butyl alcohol) exports from Hong Kong SAR, accounting for a approx. 53% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China totaled -32.0%.

In value terms, China ($X) also remains the key foreign market for butan-1-ol (n-butyl alcohol) exports from Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to -23.5%.

Export Prices by Country

In 2022, the average butan-1-ol (n-butyl alcohol) export price amounted to $X per ton, with an increase of 22% against the previous year. In general, the export price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2019 an increase of 94%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +12.5% per year.

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

Imports into Hong Kong SAR, China

In 2022, supplies from abroad of butan-1-ol (n-butyl alcohol) was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Overall, imports, however, faced a significant curtailment. The pace of growth was the most pronounced in 2017 with an increase of 89% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, butan-1-ol (n-butyl alcohol) imports expanded slightly to $X in 2022. In general, imports, however, saw a precipitous contraction. The growth pace was the most rapid in 2017 with an increase of 86% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X tons) constituted the largest butan-1-ol (n-butyl alcohol) supplier to Hong Kong SAR, accounting for a 79% share of total imports. Moreover, butan-1-ol (n-butyl alcohol) imports from South Africa exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Africa totaled -24.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+8.5% per year) and Taiwan (Chinese) (-56.5% per year).

In value terms, South Africa ($X) constituted the largest supplier of butan-1-ol (n-butyl alcohol) to Hong Kong SAR, comprising 68% of total imports. The second position in the ranking was held by Malaysia ($X), with a 30% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from South Africa totaled -25.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+2.1% per year) and Taiwan (Chinese) (-50.1% per year).

Import Prices by Country

The average butan-1-ol (n-butyl alcohol) import price stood at $X per ton in 2022, waning by -2.3% against the previous year. Over the period under review, the import price showed a slight descent. The pace of growth appeared the most rapid in 2014 when the average import price increased by 5.9%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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 Taiwan (Chinese) ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for 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 India, together comprising 41% of global consumption. Germany, Japan, Nigeria, Russia, Indonesia, the UK, Turkey, Taiwan Chinese), South Korea and South Africa lagged somewhat behind, together comprising a further 33%.

What are the largest producers of butan-1-ol (n-butyl alcohol) in the world?

The countries with the highest volumes of production in 2022 were the United States, China and India, together accounting for 39% of global production.

What are the leading suppliers of butan-1-ol (n-butyl alcohol) to Hong Kong SAR, China?

In value terms, South Africa constituted the largest supplier of butan-1-ol n-butyl alcohol) to Hong Kong SAR, comprising 68% of total imports. The second position in the ranking was held by Malaysia, with a 30% share of total imports.

What are the leading importers of butan-1-ol (n-butyl alcohol) from Hong Kong SAR, China?

In value terms, China remains the key foreign market for butan-1-ol n-butyl alcohol) exports from Hong Kong SAR.

What is the average export price for butan-1-ol (n-butyl alcohol) in Hong Kong SAR, China?

In 2022, the average butan-1-ol n-butyl alcohol) export price amounted to $4,721 per ton, rising by 22% against the previous year.

What is the average import price for butan-1-ol (n-butyl alcohol) in Hong Kong SAR, China?

The average butan-1-ol n-butyl alcohol) import price stood at $1,197 per ton in 2022, which is down by -2.3% against the previous year.

This report provides an in-depth analysis of the butan-1-ol (n-butyl alcohol) market in Hong Kong SAR, China. 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 20142230 - Butan-1-ol (n-butyl alcohol)

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
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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Discover vital success factors affecting the market

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
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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