Europe: Amino-Resin Market 2024

Amino-Resin Market Size in Europe

The Europe amino-resin market stood at $X in 2022, approximately equating the previous year. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Amino-Resin Production in Europe

In value terms, amino-resin production dropped slightly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. 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 remained at a lower figure.

Amino-Resin Exports

Exports in Europe

Amino-resin exports reduced to X tons in 2022, declining by X% against 2021. 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 throughout the analyzed period. 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 shrank in the following year.

In value terms, amino-resin exports dropped slightly to $X in 2022. Total exports indicated a noticeable 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 pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

In 2022, Germany (X tons), Belgium (X tons) and the Netherlands (X tons) represented the key exporter of amino-resins, phenolic resins and polyurethanes (in primary forms) in Europe, creating X% of total export. Poland (X tons) ranks next in terms of the total exports with an X% share, followed by Portugal (X%), Spain (X%) and Hungary (X%). The following exporters - Italy (X tons), Russia (X tons), the Czech Republic (X tons), France (X tons), Norway (X tons) and the UK (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

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

Among the main exporting countries, the Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the export price in Europe amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Russia ($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 Europe

In 2022, after two years of growth, there was significant decline in supplies from 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% over the period 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 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, amino-resin imports reached $X in 2022. Total imports indicated a resilient increase 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 pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Germany (X tons), distantly followed by France (X tons), Poland (X tons), the Netherlands (X tons), Italy (X tons), Russia (X tons) and Spain (X tons) represented the key importers of amino-resins, phenolic resins and polyurethanes (in primary forms), together achieving X% of total imports. The following importers - Belarus (X tons), the UK (X tons), Belgium (X tons), Austria (X tons), Ukraine (X tons) and the Czech Republic (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Belarus (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 Europe were Germany ($X), the Netherlands ($X) and Italy ($X), with a combined X% share of total imports. France, Poland, Russia, the UK, Spain, Belgium, the Czech Republic, Austria, Belarus and Ukraine lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries 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 Europe stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue 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 the UK ($X per ton), while Belarus ($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