United Kingdom: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in the UK

In 2021, after two years of growth, there was significant decline in the UK oxygen-function amino-compound market, when its value decreased by -5.5% to $X. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Oxygen-Function Amino-Compound Production in the UK

In value terms, oxygen-function amino-compound production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a pronounced decline. The growth pace was the most rapid in 2019 with an increase of 32% against the previous year. Oxygen-function amino-compound production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Oxygen-Function Amino-Compound Exports

Exports from the UK

In 2021, shipments abroad of oxygen-function amino-compounds was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt decrease. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, oxygen-function amino-compound exports soared to $X in 2021. Over the period under review, exports continue to indicate noticeable growth. The growth pace was the most rapid in 2018 when exports increased by 139% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

The United States (X tons) was the main destination for oxygen-function amino-compound exports from the UK, with a 35% share of total exports. Moreover, oxygen-function amino-compound exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. Germany (X tons) ranked third in terms of total exports with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-3.2% per year) and Germany (-6.6% per year).

In value terms, the United States ($X) remains the key foreign market for oxygen-function amino-compounds exports from the UK, comprising 77% of total exports. The second position in the ranking was taken by Germany ($X), with an 11% share of total exports. It was followed by Belgium, with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+19.8% per year) and Belgium (+23.6% per year).

Export Prices by Country

In 2021, the average oxygen-function amino-compound export price amounted to $X per ton, with an increase of 64% against the previous year. In general, the export price recorded a strong increase. The growth pace was the most rapid in 2018 when the average export price increased by 91%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports into the UK

Oxygen-function amino-compound imports into the UK expanded to X tons in 2021, growing by 1.6% on 2020 figures. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by 11%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, oxygen-function amino-compound imports soared to $X in 2021. In general, imports, however, recorded a abrupt descent. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of oxygen-function amino-compound imports to the UK, together comprising 70% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +18.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and China ($X) constituted the largest oxygen-function amino-compound suppliers to the UK, together comprising 57% of total imports. Belgium, the Netherlands, France, Japan and Singapore lagged somewhat behind, together comprising a further 34%.

In terms of the main suppliers, the Netherlands, with a CAGR of +9.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average oxygen-function amino-compound import price stood at $X per ton in 2021, rising by 18% against the previous year. In general, the import price, however, showed a abrupt slump. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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