EU: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in the EU

After four years of growth, the EU hexamethylenediamine and ethylenediamine market decreased by -11.8% to $X in 2021. Overall, consumption recorded a pronounced shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Hexamethylenediamine And Ethylenediamine Production in the EU

In value terms, hexamethylenediamine and ethylenediamine production declined to $X in 2021 estimated in export price. In general, production saw a perceptible setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by 9.4% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Hexamethylenediamine And Ethylenediamine Exports

Exports in the EU

In 2021, overseas shipments of hexamethylenediamine and its salts, ethylenediamine and its salts were finally on the rise to reach X tons after three years of decline. Overall, exports, however, continue to indicate a relatively flat trend pattern. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, hexamethylenediamine and ethylenediamine exports soared to $X in 2021. In general, exports, however, continue to indicate a perceptible decline. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France represented the key exporter of hexamethylenediamine and its salts, ethylenediamine and its salts in the European Union, with the volume of exports accounting for X tons, which was approx. 69% of total exports in 2021. Belgium (X tons) ranks second in terms of the total exports with a 19% share, followed by Sweden (7%). The Netherlands (X tons) took a relatively small share of total exports.

France was also the fastest-growing in terms of the hexamethylenediamine and its salts, ethylenediamine and its salts exports, with a CAGR of +2.0% from 2012 to 2021. Sweden and Belgium experienced a relatively flat trend pattern. the Netherlands (-6.8%) illustrated a downward trend over the same period. France (+12 p.p.) and Belgium (+1.5 p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands saw its share reduced by -2.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X) emerged as the largest hexamethylenediamine and ethylenediamine supplier in the European Union, comprising 62% of total exports. The second position in the ranking was taken by Belgium ($X), with a 23% share of total exports. It was followed by Sweden, with a 7.3% share.

In France, hexamethylenediamine and ethylenediamine exports remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (-2.5% per year) and Sweden (-0.8% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, falling by -4.9% against the previous year. In general, the export price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2020 an increase of 18% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while France ($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 Netherlands (+1.8%), while the other leaders experienced a decline in the export price figures.

Hexamethylenediamine And Ethylenediamine Imports

Imports in the EU

In 2021, supplies from abroad of hexamethylenediamine and its salts, ethylenediamine and its salts increased by 50% to X tons, rising for the second year in a row after three years of decline. Overall, imports, however, showed a pronounced shrinkage. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine imports soared to $X in 2021. Over the period under review, imports, however, saw a deep contraction. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany represented the main importer of hexamethylenediamine and its salts, ethylenediamine and its salts in the European Union, with the volume of imports amounting to X tons, which was approx. 59% of total imports in 2021. The Netherlands (X tons) ranks second in terms of the total imports with a 17% share, followed by Belgium (11%) and Spain (10%).

Imports into Germany decreased at an average annual rate of -3.6% from 2012 to 2021. At the same time, Spain (+6.0%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the European Union, with a CAGR of +6.0% from 2012-2021. By contrast, Belgium (-7.4%) and the Netherlands (-8.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Spain and Germany increased by +6.3 and +4.2 percentage points, respectively.

In value terms, Germany ($X) constitutes the largest market for imported hexamethylenediamine and its salts, ethylenediamine and its salts in the European Union, comprising 52% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 17% share of total imports. It was followed by Belgium, with a 14% share.

From 2012 to 2021, the average annual growth rate of value in Germany amounted to -7.5%. In the other countries, the average annual rates were as follows: the Netherlands (-7.0% per year) and Belgium (-10.7% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, declining by -5.9% against the previous year. In general, the import price showed a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the import price increased by 7.7%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Belgium ($X per ton) and Spain ($X per ton), while Germany ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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