Norway - Butanone (Methyl Ethyl Ketone) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingButanone Price in Norway - 2023
Contents:
- Butanone Price in Norway (CIF) - 2022
- Butanone Price in Norway (FOB) - 2022
- Butanone Imports in Norway
- Butanone Exports in Norway
Butanone Price in Norway (CIF) - 2022
The average butanone import price stood at $8,399 per ton in 2022, rising by 12% against the previous year. Overall, the import price recorded a remarkable increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 88%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
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 France ($11,180 per ton), while the price for Finland ($3,858 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+28.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Butanone Price in Norway (FOB) - 2022
In 2022, the average butanone export price amounted to $2,694 per ton, rising by 15% against the previous year. In general, the export price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2018 an increase of 56% against the previous year. As a result, the export price attained the peak level of $8,000 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +8.1% per year.
Butanone Imports in Norway
In 2022, supplies from abroad of butanone (methyl ethyl ketone) decreased by -21.1% to 42 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted a temperate expansion. The pace of growth was the most pronounced in 2020 when imports increased by 118%. As a result, imports reached the peak of 82 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, butanone imports shrank to $350K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 54%.
| Import of Butanone in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 79.4 | 103 | 149 | 284 | 52.9% |
| Netherlands | 4.9 | 9.6 | 4.4 | 27.4 | 77.5% |
| France | 18.1 | 10.2 | 3.2 | 18.3 | 0.4% |
| Sweden | 2.5 | 14.9 | 8.2 | 9.9 | 58.2% |
| Finland | 3.6 | 1.1 | 4.8 | 5.1 | 12.3% |
| Denmark | 1.0 | 0.7 | 1.2 | 3.5 | 51.8% |
| Belgium | 30.1 | 38.7 | 62.1 | N/A | 43.6% |
| Others | 114 | 211 | 162 | 1.7 | -75.4% |
| Total | 253 | 389 | 395 | 350 | 11.4% |
Top Suppliers of Butanone to Norway in 2022:
- Germany (30.1 tons)
- Netherlands (5.9 tons)
- Sweden (1.9 tons)
- France (1.6 tons)
- Finland (1.3 tons)
- Denmark (0.6 tons)
Butanone Exports in Norway
In 2022, exports of butanone (methyl ethyl ketone) from Norway contracted significantly to 268 kg, reducing by -99.2% compared with 2021. Overall, exports showed a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 2,089%. As a result, the exports reached the peak of 32 tons, and then declined notably in the following year.
In value terms, butanone exports contracted significantly to $722 in 2022. In general, exports recorded a dramatic setback. The pace of growth was the most pronounced in 2021 when exports increased by 1,042% against the previous year. As a result, the exports reached the peak of $75K, and then dropped significantly in the following year.
| Export of Butanone in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 4.9 | 2.2 | 28.9 | 0.7 | -47.7% |
| Sweden | 0.2 | 0.3 | 8.1 | N/A | 536.4% |
| Denmark | 1.8 | 1.3 | 29.2 | N/A | 302.8% |
| Others | 4.8 | 2.8 | 8.8 | N/A | 35.4% |
| Total | 11.8 | 6.6 | 75.0 | 0.7 | -61.0% |
Top Export Markets for Butanone from Norway in 2022:
- Spain (268.0 kg)
This report provides an in-depth analysis of the butanone market in Norway. 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 20146213 - Butanone (methyl ethyl ketone)
Country coverage:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- 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.
-
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
-
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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