Eastern Asia: Hydrazine And Hydroxylamine Market 2024

Hydrazine And Hydroxylamine Market Size in Eastern Asia

The East Asian hydrazine and hydroxylamine market fell to $X in 2022, which is down by -10.3% against the previous year. Overall, consumption recorded a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Hydrazine And Hydroxylamine Production in Eastern Asia

In value terms, hydrazine and hydroxylamine production shrank to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 14% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Hydrazine And Hydroxylamine Exports

Exports in Eastern Asia

In 2022, hydrazine and hydroxylamine exports in Eastern Asia soared to X tons, jumping by 19% compared with the previous year's figure. Over the period under review, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 30%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, hydrazine and hydroxylamine exports skyrocketed to $X in 2022. In general, exports saw prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China represented the largest exporting country with an export of about X tons, which finished at 59% of total exports. Japan (X tons) ranks second in terms of the total exports with a 22% share, followed by South Korea (19%).

China was also the fastest-growing in terms of the hydrazine and hydroxylamine and their inorganic salts exports, with a CAGR of +22.6% from 2012 to 2022. Japan and South Korea experienced a relatively flat trend pattern. While the share of China (+43 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Japan (-21.1 p.p.) and South Korea (-21.5 p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest hydrazine and hydroxylamine supplier in Eastern Asia, comprising 54% of total exports. The second position in the ranking was taken by South Korea ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +23.5%. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (+2.5% per year) and Japan (+3.6% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, rising by 38% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.0%), while the other leaders experienced more modest paces of growth.

Hydrazine And Hydroxylamine Imports

Imports in Eastern Asia

In 2022, purchases abroad of hydrazine and hydroxylamine and their inorganic salts increased by 1.4% to X tons, rising for the second year in a row after three years of decline. Overall, imports, however, saw a mild decline. The pace of growth was the most pronounced in 2017 when imports increased by 22% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, hydrazine and hydroxylamine imports skyrocketed to $X in 2022. Total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.7% against 2014 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the four major importers of hydrazine and hydroxylamine and their inorganic salts, namely China, Japan, South Korea and Taiwan (Chinese), represented more than two-thirds of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Taiwan (Chinese) (with a CAGR of +1.2%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest hydrazine and hydroxylamine importing markets in Eastern Asia were China ($X), South Korea ($X) and Japan ($X), together comprising 87% of total imports.

In terms of the main importing countries, South Korea, with a CAGR of +4.2%, recorded 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 Eastern Asia amounted to $X per ton, picking up by 25% against the previous year. Import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydrazine and hydroxylamine import price increased by +62.0% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 South Korea ($X per ton), while Taiwan (Chinese) ($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 (+8.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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