In 2023, Belgium led the global import of N-Butyl Alcohol with 31.66% market share. Germany, China, South Korea, and India followed as major importers. Notable fluctuations over the year included China's 8.56% decline and Brazil's 18.6% drop. Conversely, Russia's import share grew significantly by 24.74%, and Azerbaijan recorded a 7.88% rise.
Future trends suggest a potential increase in market dynamics due to geopolitical factors and sustainability initiatives. Countries with significant economic growth and industrialization, such as India and UAE, might see an increase in imports to satisfy industrial demands, impacting the global import landscape of N-Butyl Alcohol.
Top countries in Import of N-Butyl Alcohol Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 31.66 | 2023 | +3.47% | +3.76% | View data |
| 2 | 2 Germany | 18.01 | 2023 | +2.79% | +2.84% | View data |
| 3 | 3 China | 14.17 | 2023 | -10.05% | -8.56% | View data |
| 4 | 4 South Korea | 9.96 | 2023 | +3.55% | +2.83% | View data |
| 5 | 5 India | 6.28 | 2023 | +1.95% | +1.41% | View data |
| 6 | 6 Indonesia | 2.85 | 2023 | -1.81% | -3.9% | View data |
| 7 | 7 Singapore | 2.7 | 2023 | -1.9% | +0.82% | View data |
| 8 | 8 United Arab Emirates | 1.82 | 2023 | +3.1% | +4.05% | View data |
| 9 | 9 Thailand | 1.26 | 2023 | +1.46% | -0.77% | View data |
| 10 | 10 Czech Republic | 1.23 | 2023 | +0.0068% | -2.5% | View data |
