EU: Amine-Function Compounds Market 2024

Amine-Function Compounds Market Size in the EU

In 2021, the EU amine-function compounds market decreased by -49% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption continues to indicate a deep contraction. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Amine-Function Compounds Production in the EU

In value terms, amine-function compounds production reduced remarkably to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt contraction. The growth pace was the most rapid in 2013 when the production volume increased by 86% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Amine-Function Compounds Exports

Exports in the EU

In 2021, approx. X tons of amine-function compounds were exported in the European Union; increasing by 28% compared with 2020. The total export volume increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, amine-function compounds exports soared to $X in 2021. Total exports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Belgium (X tons) represented the largest exporter of amine-function compounds, mixing up 39% of total exports. It was distantly followed by Germany (X tons), France (X tons), the Czech Republic (X tons), the Netherlands (X tons) and Portugal (X tons), together generating a 54% share of total exports. Sweden (X tons) held a little share of total exports.

Exports from Belgium increased at an average annual rate of +2.3% from 2012 to 2021. At the same time, France (+59.0%), the Netherlands (+6.4%) and Portugal (+4.2%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +59.0% from 2012-2021. Sweden, Germany and the Czech Republic experienced a relatively flat trend pattern. From 2012 to 2021, the share of France and the Netherlands increased by +14 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X), Germany ($X) and France ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 70% of total exports.

In terms of the main exporting countries, France, with a CAGR of +42.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, increasing by 17% against the previous year. Over the period under review, the export price, however, recorded a mild contraction. 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 failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the other leaders experienced mixed trends in the export price figures.

Amine-Function Compounds Imports

Imports in the EU

After three years of decline, overseas purchases of amine-function compounds increased by 6.5% to X tons in 2021. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, amine-function compounds imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a slight decline. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons) and the Netherlands (X tons) were the key importers of amine-function compounds in 2021, accounting for approx. 29% and 22% of total imports, respectively. Spain (X tons) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Belgium (11%) and Hungary (11%). Italy (X tons) and France (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +4.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported amine-function compounds in the European Union, comprising 31% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 15% share of total imports. It was followed by Belgium, with a 13% share.

In Germany, amine-function compounds imports decreased by an average annual rate of -1.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (-2.2% per year) and Belgium (-3.5% per year).

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, increasing by 23% against the previous year. Over the period under review, the import price, however, recorded a slight descent. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+1.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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