The 2023 data shows the United States leading the global export market for Butene, followed closely by Belgium and the Netherlands. Asian exporters like South Korea and Singapore show positive growth, while European players such as Germany are experiencing a decline. Emerging market trends include Indonesia's notable rise, whereas countries like Brazil and Japan are facing significant setbacks, showing consistent declines in their export values. The UAE, though small in absolute terms, had a remarkable growth rate, indicating a possible uptick in future contributions.
Future trends to watch include the potential expansion of Asian market shares, particularly in South Korea and Indonesia, given their robust growth rates. Additionally, reformative actions in European markets could stabilize the notable market players, while economic changes in the United States might impact its leading position. The continued rise of the UAE exports can also lead to new competitive dynamics in the market.
Top countries in Export of Butene (Butylene) Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 24.68 | 2023 | +1.65% | +0.87% | View data |
| 2 | 2 Belgium | 20.25 | 2023 | +1.11% | +0.22% | View data |
| 3 | 3 Netherlands | 14.92 | 2023 | -1.44% | -3.41% | View data |
| 4 | 4 South Korea | 12.22 | 2023 | +2.6% | +2.24% | View data |
| 5 | 5 Indonesia | 10.48 | 2023 | +3.69% | +4.5% | View data |
| 6 | 6 Germany | 7.18 | 2023 | -1.63% | -2.15% | View data |
| 7 | 7 Singapore | 4.79 | 2023 | +6.16% | +3.99% | View data |
| 8 | 8 Italy | 3.94 | 2023 | +5.98% | +3.79% | View data |
| 9 | 9 Brazil | 0.36 | 2023 | -13.33% | -14.57% | View data |
| 10 | 10 Japan | 0.13 | 2023 | -26.04% | -27.5% | View data |