Asia-Pacific: Market for Organic Derivatives Of Hydrazine Or Of Hydroxylamine 2024

Market Size for Organic Derivatives Of Hydrazine Or Of Hydroxylamine in Asia-Pacific

The Asia-Pacific hydrazine and hydroxylamine derivatives market declined slightly to $X in 2022, with a decrease of -3.5% against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Organic Derivatives Of Hydrazine Or Of Hydroxylamine in Asia-Pacific

In value terms, hydrazine and hydroxylamine derivatives production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 20%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Exports in Asia-Pacific

For the sixth year in a row, Asia-Pacific recorded growth in shipments abroad of organic derivatives of hydrazine or of hydroxylamine, which increased by 0.3% to X tons in 2022. Over the period under review, exports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 21%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, hydrazine and hydroxylamine derivatives exports shrank slightly to $X in 2022. In general, exports posted a resilient expansion. The growth pace was the most rapid in 2018 when exports increased by 26%. Over the period under review, the exports attained the peak figure at $X in 2021, and then contracted modestly in the following year.

Exports by Country

In 2022, China (X tons) and India (X tons) were the main exporters of organic derivatives of hydrazine or of hydroxylamine in Asia-Pacific, together resulting at approx. 81% of total exports. It was distantly followed by Japan (X tons), committing a 15% share of total exports. South Korea (X tons) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by India (with a CAGR of +13.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest hydrazine and hydroxylamine derivatives supplying countries in Asia-Pacific were China ($X), India ($X) and Japan ($X), together accounting for 96% of total exports.

In terms of the main exporting countries, India, with a CAGR of +21.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, declining by -3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2018 when the export price increased by 17%. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.3%), while the other leaders experienced more modest paces of growth.

Imports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Imports in Asia-Pacific

In 2022, imports of organic derivatives of hydrazine or of hydroxylamine in Asia-Pacific fell to X tons, shrinking by -1.9% against the previous year. The total import volume increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of 27% against the previous year. The volume of import peaked at X tons in 2021, and then declined modestly in the following year.

In value terms, hydrazine and hydroxylamine derivatives imports fell to $X in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by 24% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then declined in the following year.

Imports by Country

India represented the main importing country with an import of around X tons, which resulted at 36% of total imports. China (X tons) ranks second in terms of the total imports with an 18% share, followed by South Korea (12%), Thailand (6.7%), Indonesia (6.2%), Japan (5.3%) and Taiwan (Chinese) (4.5%).

India was also the fastest-growing in terms of the organic derivatives of hydrazine or of hydroxylamine imports, with a CAGR of +14.2% from 2012 to 2022. At the same time, Indonesia (+6.7%), South Korea (+6.4%), Thailand (+3.0%) and Taiwan (Chinese) (+2.8%) displayed positive paces of growth. By contrast, China (-1.7%) and Japan (-5.7%) illustrated a downward trend over the same period. India (+22 p.p.), South Korea (+2.8 p.p.) and Indonesia (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while Japan and China saw its share reduced by -8.4% and -12.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X), China ($X) and Japan ($X) were the countries with the highest levels of imports in 2022, together accounting for 62% of total imports. South Korea, Indonesia, Thailand and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 29%.

In terms of the main importing countries, Indonesia, with a CAGR of +16.0%, 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

In 2022, the import price in Asia-Pacific amounted to $X per ton, shrinking by -8.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 15% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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