India: Methylamine Market 2024

Methylamine Market Size in India

The Indian methylamine market declined sharply to $X in 2022, waning by X% against the previous year. Overall, consumption showed a pronounced slump. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Methylamine Production in India

In value terms, methylamine production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible decrease. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Methylamine production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Methylamine Exports

Exports from India

In 2022, overseas shipments of methylamine, di- or trimethylamine and their salts increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated a resilient increase from 2012 to 2022: its volume 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. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, methylamine exports soared to $X in 2022. Overall, total exports indicated temperate growth 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 2016 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Spain (X tons), Norway (X tons) and Mexico (X tons) were the main destinations of methylamine exports from India, together accounting for X% of total exports. China, the Philippines, Israel, the United States, the United Arab Emirates, Iran, Japan, Belgium, the Netherlands and Slovakia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the United States ($X) and Norway ($X) appeared to be the largest markets for methylamine exported from India worldwide, together comprising X% of total exports. Mexico, Belgium, Japan, the United Arab Emirates, China, the Netherlands, Israel, the Philippines, Iran and Slovakia lagged somewhat behind, together comprising a further X%.

Slovakia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average methylamine export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price saw a slight decrease. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Methylamine Imports

Imports into India

After two years of growth, overseas purchases of methylamine, di- or trimethylamine and their salts decreased by X% to X tons in 2022. In general, imports, however, enjoyed measured growth. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then contracted remarkably in the following year.

In value terms, methylamine imports reduced notably to $X in 2022. Overall, imports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped notably in the following year.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest methylamine supplier to India, with a X% share of total imports. Moreover, methylamine imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. The third position in this ranking was taken by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of methylamine, di- or trimethylamine and their salts to India, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Saudi Arabia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average methylamine import price amounted to $X per ton, growing by X% against the previous year. In general, the import price saw noticeable growth. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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