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U.S. - Butene (Butylene) And Isomers Thereof - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Butene and Isomers Thereof in the United States - 2023
Contents:
- Price for Butene and Isomers Thereof in the United States (FOB) - 2023
- Price for Butene and Isomers Thereof in the United States (CIF) - 2022
- Exports of Butene and Isomers Thereof in the United States
- Imports of Butene and Isomers Thereof in the United States
Price for Butene and Isomers Thereof in the United States (FOB) - 2023
In August 2023, the average butene and isomers thereof export price amounted to $1,149 per ton, falling by -7.2% against the previous month. In general, the export price showed a mild descent. The growth pace was the most rapid in February 2023 an increase of 6.8% month-to-month. The export price peaked at $1,433 per ton in August 2022; however, from September 2022 to August 2023, 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 Canada.
From August 2022 to August 2023, the rate of growth in terms of prices for Mexico amounted to -0.7% per month.
Price for Butene and Isomers Thereof in the United States (CIF) - 2022
In 2022, the average butene and isomers thereof import price amounted to $996 per ton, surging by 6.8% against the previous year. Overall, the import price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 58%. The import price peaked at $1,641 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 the UK ($6,493 per ton), while the price for China amounted to $428 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Butene and Isomers Thereof in the United States
In 2022, approx. 150K tons of butene (butylene) and isomers thereof were exported from the United States; which is down by -15.5% compared with 2021 figures. Over the period under review, exports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 8.5% against the previous year.
In value terms, butene and isomers thereof exports expanded to $216M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Butene and Isomers Thereof in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 152 | 122 | 182 | 208 | 11.0% |
Mexico | 12.6 | 8.7 | 17.2 | 6.5 | -19.8% |
Others | 1.1 | 1.3 | 10.3 | 1.2 | 2.9% |
Total | 165 | 132 | 210 | 216 | 9.4% |
Top Export Markets for Butene and Isomers Thereof from the United States in 2022:
- Canada (144.7K tons)
- Mexico (4.6K tons)
Imports of Butene and Isomers Thereof in the United States
In 2022, after two years of decline, there was significant growth in purchases abroad of butene (butylene) and isomers thereof, when their volume increased by 584% to 282 tons. Over the period under review, imports, however, recorded a significant decline.
In value terms, butene and isomers thereof imports surged to $281K in 2022. In general, imports, however, faced a dramatic slump.
Import of Butene and Isomers Thereof in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | N/A | N/A | 0.2 | 0% |
China | N/A | N/A | N/A | 0.1 | 0% |
Italy | 2.3 | N/A | N/A | N/A | 0% |
Qatar | 3.2 | N/A | N/A | N/A | 0% |
Brazil | 16.6 | 0.5 | N/A | N/A | -97.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 22.1 | 0.5 | N/A | 0.3 | -76.1% |
Top Suppliers of Butene and Isomers Thereof to the United States in 2022:
- China (256.0 tons)
- United Kingdom (26.5 tons)
This report provides an in-depth analysis of the market for butene and isomers thereof in the U.S.. 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 20141150 - Butene (butylene) and isomers thereof
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
- Find deeper insights into current market developments
- 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
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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