Eastern Asia: Methylamine Market 2024

Methylamine Market Size in Eastern Asia

The East Asian methylamine market declined to $X in 2022, approximately mirroring the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Methylamine Production in Eastern Asia

In value terms, methylamine production declined slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a mild reduction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Methylamine Exports

Exports in Eastern Asia

In 2022, after two years of growth, there was significant decline in overseas shipments of methylamine, di- or trimethylamine and their salts, when their volume decreased by X% to X tons. Total exports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then fell in the following year.

In value terms, methylamine exports skyrocketed to $X in 2022. Over the period under review, exports, however, enjoyed perceptible growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

South Korea prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by China (X tons), constituting an X% share of total exports. Japan (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to methylamine exports from South Korea stood at X%. At the same time, Japan (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, China (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Korea and Japan increased by X and X percentage points, respectively.

In value terms, South Korea ($X) remains the largest methylamine supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports.

In South Korea, methylamine exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and China (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while South Korea ($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 (X%), while the other leaders experienced mixed trends in the export price figures.

Methylamine Imports

Imports in Eastern Asia

In 2022, after two years of growth, there was decline in overseas purchases of methylamine, di- or trimethylamine and their salts, when their volume decreased by X% to X tons. In general, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The volume of import peaked at X tons in 2021, and then contracted in the following year.

In value terms, methylamine imports reduced to $X in 2022. Over the period under review, imports, however, showed resilient growth. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then reduced slightly in the following year.

Imports by Country

Taiwan (Chinese) was the major importer of methylamine, di- or trimethylamine and their salts in Eastern Asia, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by Japan (X tons) and South Korea (X tons), together comprising a X% share of total imports. China (X tons) followed a long way behind the leaders.

Imports into Taiwan (Chinese) increased at an average annual rate of X% from 2012 to 2022. At the same time, China (X%) and South Korea (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. Taiwan (Chinese) (X p.p.) and China (X p.p.) significantly strengthened its position in terms of the total imports, while Japan saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Taiwan (Chinese) ($X) constitutes the largest market for imported methylamine, di- or trimethylamine and their salts in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Taiwan (Chinese) stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Japan (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the import prices remained at a lower figure.

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 China ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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