EU: Hydrazine And Hydroxylamine Market 2024

Hydrazine And Hydroxylamine Market Size in the EU

In 2022, after five years of growth, there was decline in the EU hydrazine and hydroxylamine market, when its value decreased by -1.5% to $X. Overall, consumption posted prominent growth. As a result, consumption reached the peak level of $X, and then shrank modestly in the following year.

Hydrazine And Hydroxylamine Production in the EU

In value terms, hydrazine and hydroxylamine production rose modestly to $X in 2022 estimated in export price. The total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +67.1% against 2016 indices. The pace of growth was the most pronounced in 2021 when the production volume increased by 20%. The level of production peaked in 2022 and is likely to see steady growth in the near future.

Hydrazine And Hydroxylamine Exports

Exports in the EU

After two years of growth, overseas shipments of hydrazine and hydroxylamine and their inorganic salts decreased by -4.8% to X tons in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydrazine and hydroxylamine exports soared to $X in 2022. Total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.9% 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 +54.4% against 2018 indices. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany represented the largest exporting country with an export of about X tons, which resulted at 55% of total exports. France (X tons) took the second position in the ranking, followed by Belgium (X tons). All these countries together held near 43% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to hydrazine and hydroxylamine exports from Germany stood at -1.0%. At the same time, Belgium (+13.7%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +13.7% from 2012-2022. By contrast, France (-1.3%) illustrated a downward trend over the same period. While the share of Belgium (+13 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of France (-4.9 p.p.) and Germany (-8.7 p.p.) displayed negative dynamics.

In value terms, Germany ($X) remains the largest hydrazine and hydroxylamine supplier in the European Union, comprising 60% of total exports. The second position in the ranking was taken by France ($X), with a 30% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany stood at +3.0%. The remaining exporting countries recorded the following average annual rates of exports growth: France (+3.6% per year) and Belgium (+23.1% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, with an increase of 30% against the previous year. Export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydrazine and hydroxylamine export price increased by +91.8% against 2016 indices. As a result, the export 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 exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.2%), while the other leaders experienced more modest paces of growth.

Hydrazine And Hydroxylamine Imports

Imports in the EU

In 2022, purchases abroad of hydrazine and hydroxylamine and their inorganic salts increased by 8.5% to X tons, rising for the third consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 28% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, hydrazine and hydroxylamine imports soared to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +7.0% 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 +60.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons), distantly followed by Germany (X tons), Poland (X tons), the Netherlands (X tons), Ireland (X tons) and Italy (X tons) were the largest importers of hydrazine and hydroxylamine and their inorganic salts, together mixing up 85% of total imports. France (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +20.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hydrazine and hydroxylamine importing markets in the European Union were Germany ($X), the Netherlands ($X) and Poland ($X), together comprising 53% of total imports. Belgium, Italy, Ireland and France lagged somewhat behind, together comprising a further 31%.

In terms of the main importing countries, Belgium, with a CAGR of +22.0%, 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 33% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2018 an increase of 35%. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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