EU: Imines Market 2024

Imines Market Size in the EU

The EU imines market reduced slightly to $X in 2021, which is down by -4% against the previous year. Over the period under review, consumption, however, enjoyed a tangible expansion. The level of consumption peaked at $X in 2020, and then contracted in the following year.

Imines Production in the EU

In value terms, imines production declined to $X in 2021 estimated in export price. In general, production saw a mild curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by 17% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Imines Exports

Exports in the EU

In 2021, shipments abroad of imines and their derivatives and salts thereof was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Total exports indicated strong growth 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. The most prominent rate of growth was recorded in 2017 with an increase of 33%. The volume of export peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, imines exports skyrocketed to $X in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +112.7% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Germany (X tons), Spain (X tons) and the Netherlands (X tons) represented roughly 80% of total exports in 2021. It was distantly followed by Belgium (X tons), generating a 6.8% share of total exports. The Czech Republic (X tons) and Italy (X tons) took a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +24.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the largest imines supplier in the European Union, comprising 45% of total exports. The second position in the ranking was held by Germany ($X), with a 21% share of total exports. It was followed by Spain, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value in France totaled +8.9%. In the other countries, the average annual rates were as follows: Germany (+8.0% per year) and Spain (+2.4% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, rising by 22% against the previous year. Overall, the export price saw a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.5%), while the other leaders experienced more modest paces of growth.

Imines Imports

Imports in the EU

In 2021, purchases abroad of imines and their derivatives and salts thereof increased by 6.8% to X tons, rising for the seventh year in a row after two years of decline. Overall, imports continue to indicate prominent growth. The growth pace was the most rapid in 2020 with an increase of 26% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, imines imports surged to $X in 2021. In general, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2020 when imports increased by 27% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), distantly followed by the Netherlands (X tons), Poland (X tons), Spain (X tons), Italy (X tons), Belgium (X tons) and France (X tons) represented the largest importers of imines and their derivatives and salts thereof, together constituting 85% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of +20.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest imines importing markets in the European Union were Germany ($X), the Netherlands ($X) and Spain ($X), together comprising 54% of total imports. These countries were followed by Poland, Italy, Belgium and France, which together accounted for a further 28%.

In terms of the main importing countries, Poland, with a CAGR of +19.0%, saw 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

In 2021, the import price in the European Union amounted to $X per ton, with an increase of 8.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 11% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Italy ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+3.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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