Key Market Indicators
Spanish exports of butanol are expected to dip 2.5% annually to €235 million by 2026, down from €274 million in 2021. Since 2000, Spanish supply has decreased by 0.7% per year on average. In 2021, Romania overtook Spain to be the 8th largest exporter, while the United Kingdom, Netherlands, and France were 2nd, 3rd, and 4th respectively. Imports of butanol to Spain are projected to decrease 2.8% annually to €1.85 billion by 2026, down from €2.19 billion in 2021. Since 2000, Spanish demand has risen 4.2% per year. In 2021, the Netherlands was the 8th leading importer, with Belgium, France, and Germany coming in 2nd, 3rd, and 4th.