EU: Amino-Resin Market 2024

Amino-Resin Market Size in the EU

The EU amino-resin market stood at $X in 2022, increasing by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Amino-Resin Production in the EU

In value terms, amino-resin production dropped slightly to $X in 2022 estimated in export price. In general, production continues to indicate a mild downturn. The growth pace was the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Amino-Resin Exports

Exports in the EU

In 2022, approx. X tons of amino-resins, phenolic resins and polyurethanes (in primary forms) were exported in the European Union; which is down by X% against the year before. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then dropped in the following year.

In value terms, amino-resin exports reduced slightly to $X in 2022. Total exports indicated a pronounced expansion from 2012 to 2022: its value 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 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

The shipments of the three major exporters of amino-resins, phenolic resins and polyurethanes (in primary forms), namely Germany, Belgium and the Netherlands, represented more than half of total export. Poland (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Portugal (X%), Spain (X%), Hungary (X%) and Italy (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Hungary (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest amino-resin supplying countries in the European Union were Germany ($X), Belgium ($X) and the Netherlands ($X), with a combined X% share of total exports. Italy, Spain, Hungary, Portugal and Poland lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Hungary, with a CAGR of X%, 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 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is likely to continue growth in the near future.

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 Italy ($X per ton), while Poland ($X per ton) was amongst the lowest.

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

Amino-Resin Imports

Imports in the EU

In 2022, after two years of growth, there was significant decline in purchases abroad of amino-resins, phenolic resins and polyurethanes (in primary forms), when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then declined in the following year.

In value terms, amino-resin imports amounted to $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Germany (X tons), distantly followed by France (X tons), Poland (X tons), the Netherlands (X tons), Italy (X tons) and Spain (X tons) represented the main importers of amino-resins, phenolic resins and polyurethanes (in primary forms), together making up X% of total imports. Belgium (X tons), Austria (X tons), the Czech Republic (X tons), Romania (X tons), Hungary (X tons), Bulgaria (X tons) and Lithuania (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Lithuania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest amino-resin importing markets in the European Union were Germany ($X), the Netherlands ($X) and Italy ($X), with a combined X% share of total imports. France, Poland, Spain, Belgium, the Czech Republic, Austria, Romania, Hungary, Bulgaria and Lithuania lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Lithuania, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The import price in the European Union stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

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 Belgium ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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