Butane Price Trend

Butane Price Trend, Index and Forecast

Track the latest insights on butane price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Butane Prices Outlook Q1 2025

• Saudi Arabia: US$ 655/MT
• Belgium: US$ 655/MT
• China: US$ 630/MT
• South Korea: US$ 615/MT
• Japan: US$ 690/MT

Butane Price Chart

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During the first quarter of 2025, the butane prices in Saudi Arabia reached 655 USD/MT in March. As per the butane price chart, crude oil prices and decreased demand due to seasonal changes were the primary drivers for the price changes. Besides, the cost of crude oil, the raw material for butane production, had fallen, lowering the manufacturing costs.

During the first quarter of 2025, the butane prices in Belgium reached 655 USD/MT in March. Prices for butane were falling in the country during early March due to a general trend of falling crude oil prices. Moreover, as the weather transitioned from winter to summer, the demand for downstream blending fuel saw a significant decline, and this is mirrored in the fluctuations of butane prices.

During the first quarter of 2025, the butane prices in China reached 630 USD/MT in March. Prices exhibited a volatile trend, influenced by factors like supply and demand, crude oil prices, and seasonal demand. Besides, an oversupply of butane and propane in the market initially put pressure on prices. 

During the first quarter of 2025, the butane prices in South Korea reached 615 USD/MT in March. Changes in crude oil prices, driven by factors like supply and demand, geopolitical events, and global economic conditions, influenced the pricing trends. Besides, changes in government regulations and trade policies, further caused fluctuations.

During the first quarter of 2025, the butane prices in Japan reached 690 USD/MT in March. Butane prices in Japan were changing due to a combination of factors, including rising domestic costs, increased intra-Asia freight rates, and potential shifts in global supply dynamics. 

Butane Prices Q4 2023

• Saudi Arabia: US$ 618 /MT
• Belgium: US$ 598 /MT

The price of butane in Saudi Arabia for Q4 2023 reached 618 USD/MT in December.

On the contrary, the price trend for butane in Belgium reached 598 USD/MT at the same time.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the butane price trend.

Global Butane Price Trend

The report offers a holistic view of the global butane pricing trends in the form of butane price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of butane, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed butane demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Butane Price Trend

Q1 2025:

As per the butane price index, prices in Europe experienced changes due to a combination of factors, including shifts in demand, increased supply, and logistical disruptions. Specifically, rising demand in Europe alongside decreased supply contributed to price adjustments. Additionally, a major supplier lowered the official selling prices of butane, affecting overall market conditions. 

Q4 2023:

his analysis can be extended to include detailed butane price information for a comprehensive list of countries.

European butane prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

This analysis can be extended to include detailed butane price information for a comprehensive list of countries.

North America Butane Price Trend

Q1 2025:

Early in the quarter, extreme cold increased demand for heating fuels, including butane, leading to inventory drawdowns and price spikes. Besides, as winter ended, domestic demand for butane declined, especially with the conclusion of the gasoline blending season, leading to softer prices. Moreover, limited availability of natural gas, a key feedstock, constrained LPG production, impacting butane supply levels.

Q4 2023:

The analysis of butane prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.

Specific butane historical data within the United States and Canada can also be provided.

Middle East and Africa Butane Price Trend

Q1 2025:

As per the butane price chart, a significant oversupply of propane and butane in the market led to price reductions in the Middle Eastern regions. Besides, Saudi Aramco, a key player in the LPG market, adjusted its official selling prices (OSPs) for propane and butane, causing drops in March. Moreover, to maintain competitiveness and market share, especially in the Asia-Pacific region, Middle Eastern producers adjusted prices in response to shifting global supply and demand dynamics.

Q4 2023:

The report explores the butane pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on butane prices for countries can also be provided.

Asia Pacific Butane Price Trend

Q1 2025:

The imposition of tariffs on US LPG imports by China prompted a shift in supply routes, with Chinese buyers turning to the Middle East for supplies and US exports being redirected elsewhere. This change in supply dynamics affected both demand and prices in the Asia-Pacific region. Besides, as winter approached its end, the demand for heating fuels like butane decreased across Asia. This seasonal shift led to a reduction in consumption, contributing to the pressure on prices.

Q4 2023:

The butane pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This butane price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Butane Price Trend

Q1 2025:

Latin America's butane market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in butane prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the butane price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing butane pricing trends in this region.

Q4 2023:

The analysis of butane prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Butane Price Trend, Market Analysis, and News

IMARC's latest publication, “Butane Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the butane market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of butane at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed butane price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting butane pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Butane Industry Analysis

The global butane industry size reached USD 116.8 Billion in 2024. By 2033, IMARC Group expects the market to reach USD 170.6 Billion, at a projected CAGR of 4.09% during 2025-2033.

• The escalating utilization of liquefied petroleum gas (LPG) for residential and commercial heating and cooking is driving the demand for butane, a major component of LPG. Additionally, the inclination towards cleaner energy sources is further supporting this trend.
• The expanding automobile industry, especially in developing regions, is increasing the usage of butane as a fuel for vehicles. The shift towards more fuel-efficient and low-emission vehicles is leading to the increasing use of butane in automotive fuel blends.
• Rapid growth in the petrochemical industry is a major factor driving the market, as butane is an important feedstock in the manufacturing of various chemicals and plastics especially in developing regions.
• The increasing adoption of butane as a refrigerant in refrigeration systems, due to its environmental friendliness and efficiency, is also favoring the market. The phasing out of ozone-depleting substances under international treaties is also leading to the acceptance of butane as an alternative refrigerant.
• The aerosol industry relies heavily on butane as a propellant, thereby driving the market demand. Along with this, the demand for butane is escalating in aerosol chemicals as personal care and household products become more widely available.
• The increasing availability of portable energy sources, such as butane bottles for camping and outdoor activities is driving the market. This portable energy solution is preferred for its flexibility and efficiency, further accelerating butane consumption.
• Rapid urbanization and infrastructure development in emerging countries are positively influencing the demand for butane in construction applications.
• The incorporation of butane in welding and cutting lights is important for various manufacturing processes, which in turn is supporting the growth of the market.
• Advancements in butane extraction and production technologies improve butane efficiency and availability, thus supporting the market growth.
• Stringent environmental regulations and policies aimed at reducing carbon emissions are driving the use of butane as a clean alternative to other fossil fuel replacements. Government and regulatory agencies promoting low-carbon energy are placing renewed emphasis on the global market.

Butane News

The report covers the latest developments, updates, and trends impacting the global butane industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in butane production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the butane price trend.

Latest developments in the butane industry:

• June 30, 2023: Omsky Kauchuk, a division of Titan Group, has started building a polyisobutylene (PIB) production plant with an annual capacity of 10,000 tonnes while also launching a technical butane processing unit after modernization. This aims to reduce Russia's dependence on imported PIB and is supported by the government. The plant is expected to be completed by 2025, with a total investment of about 900 million rubles. 
• November 27, 2023: Repsol Butano entered into an agreement with ABB to upgrade its Distributed Control Systems at 12 of its butane factories in Spain, thus completing the 18-month project without operational downtime.

Product Description

Butane is a colorless, flammable hydrocarbon gas with the chemical composition C4H10 and is a component of alkanes. It exists in two isoforms: a straight chain called n-butane and a branched chain called homobutane. Both are highly volatile and derived primarily from natural gas and crude oil. Butane is commonly used as a fuel in portable lamps and furnaces, as an aerosol dispersant, and as a refrigerant in some cooling systems.

Additionally, the ability to liquefy at very low pressures makes it fuel-effective and useful for a variety of industrial and domestic applications. In addition, butane supports the petrochemical industry, serving as a feedstock for the production of ethylene butadiene, which are important ingredients in the production of synthetic rubber and other polymers.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of butane pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting butane price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The butane price charts ensure our clients remain at the forefront of the industry.