Germany: Amine-Function Compounds Market 2024

Amine-Function Compounds Market Size in Germany

In 2021, the German amine-function compounds market decreased by -6.5% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when the market value increased by 6.4% against the previous year. Amine-function compounds consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Amine-Function Compounds Production in Germany

In value terms, amine-function compounds production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 10%. Amine-function compounds production peaked in 2021 and is expected to retain growth in years to come.

Amine-Function Compounds Exports

Exports from Germany

In 2021, overseas shipments of amine-function compounds were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 24% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, amine-function compounds exports soared to $X in 2021. The total export value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 33%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Switzerland (X tons), Belgium (X tons) and the United States (X tons) were the main destinations of amine-function compounds exports from Germany, together comprising 46% of total exports. These countries were followed by Italy, India, China, Japan, Spain, France, the Netherlands, South Korea, the UK and Turkey, which together accounted for a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +11.4%), while the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), South Korea ($X) and Belgium ($X) were the largest markets for amine-function compounds exported from Germany worldwide, with a combined 38% share of total exports.

Among the main countries of destination, South Korea, with a CAGR of +18.0%, saw the highest growth rate of 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

The average amine-function compounds export price stood at $X per ton in 2021, increasing by 15% against the previous year. Over the last nine years, it increased at an average annual rate of +2.6%. 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 for the major export markets. In 2021, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.

Amine-Function Compounds Imports

Imports into Germany

After two years of decline, overseas purchases of amine-function compounds increased by 18% to X tons in 2021. In general, imports, however, showed a slight slump. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, amine-function compounds imports surged to $X in 2021. Overall, imports, however, saw a slight slump. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons), France (X tons) and China (X tons) were the main suppliers of amine-function compounds imports to Germany, together accounting for 82% of total imports. The Netherlands, the United States, India, Portugal and the UK lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +14.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of amine-function compounds to Germany, comprising 39% of total imports. The second position in the ranking was held by France ($X), with a 17% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium stood at -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-4.6% per year) and China (+5.5% per year).

Import Prices by Country

The average amine-function compounds import price stood at $X per ton in 2021, growing by 23% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Portugal ($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 UK (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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