Belgium: Market for Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) 2024

Market Size for Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) in Belgium

The Belgian market for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) fell remarkably to $X in 2021, which is down by -25.5% against the previous year. In general, consumption continues to indicate a pronounced contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) in Belgium

In value terms, production of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2013 with an increase of 24% against the previous year. Production of (excl. hexamethylenediamine and ethylenediamine) peaked at $X in 2020, and then contracted in the following year.

Exports of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine)

Exports from Belgium

In 2021, approx. X tons of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) were exported from Belgium; with an increase of 8.2% against 2020. Overall, total exports indicated a tangible increase from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports (excl. hexamethylenediamine and ethylenediamine) increased by +57.6% against 2016 indices. The pace of growth was the most pronounced in 2013 with an increase of 30% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) soared to $X in 2021. In general, exports recorded a tangible increase. The most prominent rate of growth was recorded in 2020 with an increase of 39%. Over the period under review, the exports of (excl. hexamethylenediamine and ethylenediamine) hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons) was the main destination for exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) from Belgium, accounting for a 29% share of total exports. Moreover, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) to Germany exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+13.4% per year) and the UK (+2.7% per year).

In value terms, the largest markets for acyclic polyamines and their derivatives and salts thereof exported from Belgium were Germany ($X), Italy ($X) and the UK ($X), together accounting for 46% of total exports. These countries were followed by France, the Netherlands, Brazil, Spain, the United States, Greece, Egypt, Japan, Russia and Turkey, which together accounted for a further 36%.

Greece, with a CAGR of +39.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) stood at $X per ton in 2021, with an increase of 7.6% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 19%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the United States ($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 France (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine)

Imports into Belgium

After five years of growth, supplies from abroad of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) decreased by -8.8% to X tons in 2021. In general, imports, however, posted slight growth. The pace of growth was the most pronounced in 2020 with an increase of 90%. Over the period under review, imports of (excl. hexamethylenediamine and ethylenediamine) hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) rose modestly to $X in 2021. Over the period under review, imports, however, enjoyed modest growth. The growth pace was the most rapid in 2020 with an increase of 104%. Over the period under review, imports of (excl. hexamethylenediamine and ethylenediamine) attained the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), the Netherlands (X tons) and the United States (X tons) were the main suppliers of imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) to Belgium, together comprising 75% of total imports. These countries were followed by Sweden, China, the UK, France and Canada, which together accounted for a further 23%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +44.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest acyclic polyamines and their derivatives and salts thereof suppliers to Belgium were Germany ($X), the Netherlands ($X) and Sweden ($X), with a combined 69% share of total imports. China, the United States, the UK, France and Canada lagged somewhat behind, together accounting for a further 29%.

Among the main suppliers, China, with a CAGR of +49.0%, 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

The average import price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) stood at $X per ton in 2021, picking up by 15% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Canada ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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