Asia-Pacific: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Asia-Pacific

In 2021, the Asia-Pacific hexamethylenediamine and ethylenediamine market increased by 3% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Hexamethylenediamine And Ethylenediamine Production in Asia-Pacific

In value terms, hexamethylenediamine and ethylenediamine production expanded significantly to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 19% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Hexamethylenediamine And Ethylenediamine Exports

Exports in Asia-Pacific

In 2021, shipments abroad of hexamethylenediamine and its salts, ethylenediamine and its salts was finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, continue to indicate a noticeable descent. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, hexamethylenediamine and ethylenediamine exports soared to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) and Japan (X tons) represented the main exporters of hexamethylenediamine and its salts, ethylenediamine and its salts in 2021, reaching approx. 35% and 34% of total exports, respectively. India (X tons) held the next position in the ranking, followed by Singapore (X tons) and Taiwan (Chinese) (X tons). All these countries together held near 27% share of total exports. South Korea (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +31.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest hexamethylenediamine and ethylenediamine supplying countries in Asia-Pacific were China ($X), Japan ($X) and India ($X), with a combined 81% share of total exports.

India, with a CAGR of +28.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, increasing by 47% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in South Korea ($X per ton) and China ($X per ton), while Japan ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+4.2%), while the other leaders experienced more modest paces of growth.

Hexamethylenediamine And Ethylenediamine Imports

Imports in Asia-Pacific

In 2021, purchases abroad of hexamethylenediamine and its salts, ethylenediamine and its salts increased by 0.2% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 15%. The volume of import peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine imports skyrocketed to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) and Japan (X tons) represented the major importers of hexamethylenediamine and its salts, ethylenediamine and its salts in Asia-Pacific, together accounting for approx. 52% of total imports. South Korea (X tons) took the next position in the ranking, followed by India (X tons) and Singapore (X tons). All these countries together took near 39% share of total imports. Taiwan (Chinese) (X tons) and Malaysia (X tons) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by India (with a CAGR of +7.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and South Korea ($X) were the countries with the highest levels of imports in 2021, with a combined 73% share of total imports. India, Singapore, Taiwan (Chinese) and Malaysia lagged somewhat behind, together accounting for a further 23%.

Among the main importing countries, India, with a CAGR of +7.1%, recorded the highest rates of growth with regard to 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

In 2021, the import price in Asia-Pacific amounted to $X per ton, picking up by 31% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Taiwan (Chinese) ($X per ton), while Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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