CIS: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in CIS

After two years of decline, the CIS hexamethylenediamine and ethylenediamine market increased by 8.8% to $X in 2021. Over the period under review, consumption, however, recorded a abrupt slump. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Hexamethylenediamine And Ethylenediamine Production in CIS

In value terms, hexamethylenediamine and ethylenediamine production rose rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2014 when the production volume increased by 14%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Hexamethylenediamine And Ethylenediamine Exports

Exports in CIS

For the third consecutive year, the CIS recorded growth in overseas shipments of hexamethylenediamine and its salts, ethylenediamine and its salts, which increased by 131% to X tons in 2021. In general, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hexamethylenediamine and ethylenediamine exports soared to $X in 2021. Overall, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2014 with an increase of 167% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in years to come.

Exports by Country

The biggest shipments were from Russia (X tons), together resulting at 99% of total export.

Russia was also the fastest-growing in terms of the hexamethylenediamine and its salts, ethylenediamine and its salts exports, with a CAGR of +6.5% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest hexamethylenediamine and ethylenediamine supplier in the CIS.

In Russia, hexamethylenediamine and ethylenediamine exports increased at an average annual rate of +14.8% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, increasing by 9.1% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2014 an increase of 102%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +7.8% per year.

Hexamethylenediamine And Ethylenediamine Imports

Imports in CIS

In 2021, imports of hexamethylenediamine and its salts, ethylenediamine and its salts in the CIS contracted rapidly to X tons, with a decrease of -28.6% compared with the previous year. Total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -30.2% against 2018 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 98% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, hexamethylenediamine and ethylenediamine imports shrank sharply to $X in 2021. Total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of 77%. The level of import peaked at $X in 2020, and then declined dramatically in the following year.

Imports by Country

Russia prevails in imports structure, amounting to X tons, which was near 91% of total imports in 2021. Kazakhstan (X tons) and Uzbekistan (X tons) held a minor share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of hexamethylenediamine and its salts, ethylenediamine and its salts. At the same time, Kazakhstan (+7.9%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +7.9% from 2012-2021. By contrast, Uzbekistan (-5.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Uzbekistan and Kazakhstan increased by +2.8 and +1.6 percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported hexamethylenediamine and its salts, ethylenediamine and its salts in the CIS, comprising 91% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 4.5% share of total imports.

In Russia, hexamethylenediamine and ethylenediamine imports expanded at an average annual rate of +1.7% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+5.5% per year) and Uzbekistan (-20.6% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, surging by 7.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2019 when the import price increased by 17%. The level of import peaked in 2021 and is likely to see steady growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+1.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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