Denmark: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Denmark

The Danish hexamethylenediamine and ethylenediamine market skyrocketed to $X in 2021, rising by 25% against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Hexamethylenediamine And Ethylenediamine Production in Denmark

In value terms, hexamethylenediamine and ethylenediamine production soared to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 172%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Denmark

In 2021, approx. X tons of hexamethylenediamine and its salts, ethylenediamine and its salts were exported from Denmark; growing by 887% on 2020 figures. Over the period under review, exports posted significant growth. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, hexamethylenediamine and ethylenediamine exports skyrocketed to $X in 2021. Overall, exports continue to indicate a significant increase. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X tons) was the main destination for hexamethylenediamine and ethylenediamine exports from Denmark, with a 77% share of total exports. Moreover, hexamethylenediamine and ethylenediamine exports to Norway exceeded the volume sent to the second major destination, Sweden (X tons), fivefold. Iceland (X kg) ranked third in terms of total exports with a 2.9% share.

From 2012 to 2021, the average annual growth rate of volume to Norway amounted to +137.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+103.3% per year) and Iceland (+155.7% per year).

In value terms, the largest markets for hexamethylenediamine and ethylenediamine exported from Denmark were Norway ($X), Sweden ($X) and Finland ($X), together comprising 97% of total exports.

Norway, with a CAGR of +101.1%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2021, the average hexamethylenediamine and ethylenediamine export price amounted to $X per ton, picking up by 22% against the previous year. Over the period under review, the export price continues to indicate a notable increase. The pace of growth was the most pronounced in 2019 an increase of 143%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per ton), while the average price for exports to Iceland ($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 the Netherlands (-1.1%), while the prices for the other major destinations experienced a decline.

Hexamethylenediamine And Ethylenediamine Imports

Imports into Denmark

In 2021, after three years of growth, there was significant decline in purchases abroad of hexamethylenediamine and its salts, ethylenediamine and its salts, when their volume decreased by -21.5% to X tons. Overall, imports saw a pronounced slump. The most prominent rate of growth was recorded in 2014 when imports increased by 59% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020, and then reduced sharply in the following year.

In value terms, hexamethylenediamine and ethylenediamine imports fell slightly to $X in 2021. In general, imports showed a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of 68%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest hexamethylenediamine and ethylenediamine supplier to Denmark, accounting for a 69% share of total imports. Moreover, hexamethylenediamine and ethylenediamine imports from Sweden exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. The third position in this ranking was taken by Germany (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Sweden totaled +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-14.1% per year) and Germany (+13.2% per year).

In value terms, Sweden ($X), the United States ($X) and Germany ($X) were the largest hexamethylenediamine and ethylenediamine suppliers to Denmark, together comprising 91% of total imports.

Germany, with a CAGR of +13.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average hexamethylenediamine and ethylenediamine import price amounted to $X per ton, with an increase of 26% against the previous year. Overall, the import price, however, showed a pronounced reduction. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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