Eastern Europe: Aniline Derivatives Market 2024

Aniline Derivatives Market Size in Eastern Europe

In 2021, the East European aniline derivatives market decreased by -14.4% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption saw a pronounced curtailment. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Aniline Derivatives Production in Eastern Europe

In value terms, aniline derivatives production expanded markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when the production volume increased by 12% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Aniline Derivatives Exports

Exports in Eastern Europe

In 2021, overseas shipments of aniline derivatives and their salts decreased by -9.7% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, exports recorded a drastic downturn. The growth pace was the most rapid in 2016 when exports increased by 41%. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, aniline derivatives exports skyrocketed to $X in 2021. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 32% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Russia (X tons) was the largest exporter of aniline derivatives and their salts in Eastern Europe, generating 98% of total export.

Russia was also the fastest-growing in terms of the aniline derivatives and their salts exports, with a CAGR of -7.5% 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 aniline derivatives supplier in Eastern Europe.

From 2012 to 2021, the average annual growth rate of value in Russia stood at -11.6%.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, rising by 30% against the previous year. In general, the export price, however, continues to indicate a perceptible reduction. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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 -4.4% per year.

Aniline Derivatives Imports

Imports in Eastern Europe

In 2021, imports of aniline derivatives and their salts in Eastern Europe shrank significantly to X tons, falling by -31.7% on 2020. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 3.9%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, aniline derivatives imports expanded remarkably to $X in 2021. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when imports increased by 24% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Hungary (X tons) represented the main importer of aniline derivatives and their salts, generating 48% of total imports. It was distantly followed by Ukraine (X tons), Russia (X tons) and the Czech Republic (X tons), together committing a 51% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Hungary (with a CAGR of +3.1%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Hungary ($X) constitutes the largest market for imported aniline derivatives and their salts in Eastern Europe, comprising 57% of total imports. The second position in the ranking was taken by Russia ($X), with a 21% share of total imports. It was followed by Ukraine, with an 11% share.

In Hungary, aniline derivatives imports expanded at an average annual rate of +6.5% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Russia (-25.8% per year) and Ukraine (-18.3% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, increasing by 62% against the previous year. Import price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while Ukraine ($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 (+10.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :