Iran: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Iran

The Iranian hexamethylenediamine and ethylenediamine market shrank sharply to $X in 2021, dropping by -63.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a precipitous decline. Hexamethylenediamine and ethylenediamine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Iran

In 2021, approx. X kg of hexamethylenediamine and its salts, ethylenediamine and its salts were exported from Iran; increasing by 350% on the previous year's figure. Over the period under review, exports, however, saw a mild curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 380%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, hexamethylenediamine and ethylenediamine exports soared to $X in 2021. In general, exports showed a prominent increase. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Azerbaijan (X kg) and Armenia (X kg) were the main destinations of hexamethylenediamine and ethylenediamine exports from Iran.

From 2012 to 2021, the biggest increases were recorded for Armenia (with a CAGR of +48.4%).

In value terms, Armenia ($X) remains the key foreign market for hexamethylenediamine and its salts, ethylenediamine and its salts exports from Iran, comprising 80% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Armenia stood at +43.6%.

Export Prices by Country

In 2021, the average hexamethylenediamine and ethylenediamine export price amounted to $X per ton, surging by 32% against the previous year. Over the period under review, the export price recorded prominent growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 88% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Armenia ($X per ton), while the average price for exports to Azerbaijan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+2.6%).

Hexamethylenediamine And Ethylenediamine Imports

Imports into Iran

Hexamethylenediamine and ethylenediamine imports into Iran declined notably to X tons in 2021, waning by -72.1% compared with the previous year. Over the period under review, imports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by 52% against the previous year. 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 declined notably to $X in 2021. Overall, imports showed a sharp setback. The growth pace was the most rapid in 2015 with an increase of 25% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest hexamethylenediamine and ethylenediamine supplier to Iran, with a 67% share of total imports. Moreover, hexamethylenediamine and ethylenediamine imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. The third position in this ranking was taken by Ireland (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates stood at -25.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-30.7% per year) and Ireland (-14.8% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of hexamethylenediamine and its salts, ethylenediamine and its salts to Iran, comprising 68% of total imports. The second position in the ranking was held by Ireland ($X), with a 15% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates totaled -27.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (-18.7% per year) and China (-34.4% per year).

Import Prices by Country

The average hexamethylenediamine and ethylenediamine import price stood at $X per ton in 2021, increasing by 51% against the previous year. Overall, the import price, however, continues to indicate a perceptible decline. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Hong Kong SAR ($X per ton) and the United Arab Emirates ($X per ton), while the price for China ($X per ton) and Ireland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+3.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :