Eastern Europe: Aromatic Monoamines Market 2025

Aromatic Monoamines Market Size in Eastern Europe

The East European aromatic monoamines market reduced to $X in 2021, which is down by -7.6% against the previous year. In general, consumption showed a deep slump. The most prominent rate of growth was recorded in 2016 when the market value increased by 9.9% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Aromatic Monoamines Production in Eastern Europe

In value terms, aromatic monoamines production stood at $X in 2021 estimated in export price. Over the period under review, production continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 38%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Aromatic Monoamines Exports

Exports in Eastern Europe

In 2021, the amount of other aromatic monoamines and their derivatives, salts thereof exported in Eastern Europe was estimated at X tons, approximately reflecting the previous year. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2016 with an increase of 274% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, aromatic monoamines exports soared to $X in 2021. Over the period under review, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 71% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Slovakia was the major exporter of other aromatic monoamines and their derivatives, salts thereof in Eastern Europe, with the volume of exports finishing at X tons, which was approx. 69% of total exports in 2021. The Czech Republic (X tons) ranks second in terms of the total exports with a 13% share, followed by Russia (9.1%) and Poland (6.2%). Hungary (X tons) followed a long way behind the leaders.

Slovakia was also the fastest-growing in terms of the other aromatic monoamines and their derivatives, salts thereof exports, with a CAGR of +70.9% from 2012 to 2021. At the same time, Poland (+60.1%), Russia (+32.8%), Hungary (+14.8%) and the Czech Republic (+2.1%) displayed positive paces of growth. Slovakia (+65 p.p.), Poland (+5.5 p.p.) and Russia (+3.9 p.p.) significantly strengthened its position in terms of the total exports, while Hungary and the Czech Republic saw its share reduced by -3.1% and -64.8% from 2012 to 2021, respectively.

In value terms, Slovakia ($X) remains the largest aromatic monoamines supplier in Eastern Europe, comprising 46% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 21% share of total exports. It was followed by Hungary, with a 12% share.

In Slovakia, aromatic monoamines exports expanded at an average annual rate of +47.9% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (+2.9% per year) and Hungary (-2.3% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, increasing by 22% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Hungary ($X per ton), while Slovakia ($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 Czech Republic (+0.7%), while the other leaders experienced a decline in the export price figures.

Aromatic Monoamines Imports

Imports in Eastern Europe

In 2021, overseas purchases of other aromatic monoamines and their derivatives, salts thereof increased by 4.6% to X tons for the first time since 2018, thus ending a two-year declining trend. Total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -7.5% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 23%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, aromatic monoamines imports surged to $X in 2021. Overall, imports saw a strong increase. The growth pace was the most rapid in 2018 with an increase of 29% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Poland (X tons) and Russia (X tons) represented roughly 74% of total imports in 2021. It was distantly followed by the Czech Republic (X tons) and Belarus (X tons), together generating a 21% share of total imports. Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +33.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aromatic monoamines importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), with a combined 75% share of total imports. Hungary and Belarus lagged somewhat behind, together comprising a further 17%.

Belarus, with a CAGR of +30.3%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, increasing by 12% against the previous year. Over the last nine years, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2019 an increase of 23%. Over the period under review, import prices attained the peak figure in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Hungary ($X per ton), while Poland ($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 Czech Republic (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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