Europe: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Europe

The Europe hexamethylenediamine and ethylenediamine market shrank to $X in 2021, which is down by -3.7% against the previous year. Overall, consumption recorded a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of 4.4% against the previous year. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Hexamethylenediamine And Ethylenediamine Production in Europe

In value terms, hexamethylenediamine and ethylenediamine production stood at $X in 2021 estimated in export price. In general, production saw a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 4.8%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Hexamethylenediamine And Ethylenediamine Exports

Exports in Europe

In 2021, shipments abroad of hexamethylenediamine and its salts, ethylenediamine and its salts increased by 192% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a noticeable decline. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

France represented the key exporter of hexamethylenediamine and its salts, ethylenediamine and its salts in Europe, with the volume of exports accounting for X tons, which was near 69% of total exports in 2021. It was distantly followed by Belgium (X tons) and Sweden (X tons), together comprising a 26% share of total exports. The Netherlands (X tons) followed a long way behind the leaders.

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. While the share of France (+12 p.p.) and Belgium (+1.5 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the Netherlands (-2.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2021, the average annual rate of growth in terms of value in France was relatively modest. 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

In 2021, the export price in Europe amounted to $X per ton, reducing by -5% against the previous year. Over the period under review, the export price showed a pronounced contraction. The most prominent rate of growth was recorded in 2020 an increase of 18%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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 Europe

In 2021, overseas purchases of hexamethylenediamine and its salts, ethylenediamine and its salts increased by 45% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, continue to indicate a noticeable setback. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a drastic downturn. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Germany was the key importer of hexamethylenediamine and its salts, ethylenediamine and its salts in Europe, with the volume of imports resulting at X tons, which was approx. 55% of total imports in 2021. The Netherlands (X tons) held the second position in the ranking, followed by Belgium (X tons), Spain (X tons) and Switzerland (X tons). All these countries together held near 40% share of total imports.

Imports into Germany decreased at an average annual rate of -3.6% from 2012 to 2021. At the same time, Switzerland (+6.7%) and Spain (+6.0%) displayed positive paces of growth. Moreover, Switzerland emerged as the fastest-growing importer imported in Europe, with a CAGR of +6.7% from 2012-2021. By contrast, Belgium (-7.4%) and the Netherlands (-8.5%) illustrated a downward trend over the same period. Spain (+5.8 p.p.), Germany (+3.2 p.p.) and Switzerland (+3.2 p.p.) significantly strengthened its position in terms of the total imports, while Belgium and the Netherlands saw its share reduced by -3.5% and -8% from 2012 to 2021, respectively.

In value terms, Germany ($X) constitutes the largest market for imported hexamethylenediamine and its salts, ethylenediamine and its salts in Europe, comprising 46% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 15% share of total imports. It was followed by Belgium, with a 12% share.

From 2012 to 2021, the average annual growth rate of value in Germany stood at -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 Europe stood at $X per ton in 2021, with a decrease of -3.8% against the previous year. Overall, the import price showed a perceptible descent. The pace of growth appeared the most rapid in 2018 an increase of 8.9%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per ton), while Germany ($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 (+1.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform