Canada: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Canada

The Canadian hexamethylenediamine and ethylenediamine market shrank remarkably to $X in 2021, which is down by -19.1% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank significantly in the following year.

Hexamethylenediamine And Ethylenediamine Production in Canada

In value terms, hexamethylenediamine and ethylenediamine production contracted notably to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 195%. As a result, production attained the peak level of $X, and then dropped remarkably in the following year.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Canada

Hexamethylenediamine and ethylenediamine exports from Canada expanded sharply to X tons in 2021, increasing by 10% on the previous year's figure. Over the period under review, exports, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 19% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine exports skyrocketed to $X in 2021. In general, exports, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2020 when exports increased by 29% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for hexamethylenediamine and ethylenediamine exports from Canada, with a 72% share of total exports. Moreover, hexamethylenediamine and ethylenediamine exports to the United States exceeded the volume sent to the second major destination, New Zealand (X tons), fourfold. The third position in this ranking was taken by Russia (X tons), with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+4.2% per year) and Russia (+22.2% per year).

In value terms, the United States ($X) remains the key foreign market for hexamethylenediamine and its salts, ethylenediamine and its salts exports from Canada, comprising 96% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 2.3% share of total exports. It was followed by Russia, with a 0.5% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+0.3% per year) and Russia (+17.2% per year).

Export Prices by Country

In 2021, the average hexamethylenediamine and ethylenediamine export price amounted to $X per ton, with an increase of 5.3% against the previous year. Overall, export price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hexamethylenediamine and ethylenediamine export price increased by +66.6% against 2017 indices. The pace of growth appeared the most rapid in 2020 an increase of 39% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Russia ($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 Ireland (-3.2%), while the prices for the other major destinations experienced a decline.

Hexamethylenediamine And Ethylenediamine Imports

Imports into Canada

In 2021, overseas purchases of hexamethylenediamine and its salts, ethylenediamine and its salts increased by 49% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine imports skyrocketed to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) was the main hexamethylenediamine and ethylenediamine supplier to Canada, with a approx. 99% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States was relatively modest.

In value terms, the United States ($X) constituted the largest supplier of hexamethylenediamine and its salts, ethylenediamine and its salts to Canada.

From 2012 to 2021, the average annual growth rate of value from the United States was relatively modest.

Import Prices by Country

The average hexamethylenediamine and ethylenediamine import price stood at $X per ton in 2021, with an increase of 29% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2012; afterwards, it flattened through to 2021.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -0.1% per year.

Source: IndexBox Platform

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