Israel: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Israel

In 2021, the Israeli hexamethylenediamine and ethylenediamine market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption faced a abrupt decline. Hexamethylenediamine and ethylenediamine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Israel

In 2021, hexamethylenediamine and ethylenediamine exports from Israel rose significantly to X tons, with an increase of 11% on the previous year's figure. In general, exports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of 76% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine exports dropped sharply to $X in 2021. Overall, exports, however, showed a significant curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 174% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for hexamethylenediamine and ethylenediamine exports from Israel, accounting for a 50% share of total exports. Moreover, hexamethylenediamine and ethylenediamine exports to India exceeded the volume sent to the second major destination, China (X kg), threefold. Poland (X kg) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to India amounted to +79.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+12.0% per year) and Poland (+34.8% per year).

In value terms, India ($X) remains the key foreign market for hexamethylenediamine and its salts, ethylenediamine and its salts exports from Israel, comprising 65% of total exports. The second position in the ranking was taken by France ($X), with a 12% share of total exports. It was followed by China, with a 6.8% share.

From 2012 to 2021, the average annual growth rate of value to India amounted to +36.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (0.0% per year) and China (-3.5% per year).

Export Prices by Country

The average hexamethylenediamine and ethylenediamine export price stood at $X per ton in 2021, reducing by -29.8% against the previous year. Overall, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2013 when the average export price increased by 67% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was India ($X per ton), while the average price for exports to Poland ($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 China (-13.8%), while the prices for the other major destinations experienced a decline.

Hexamethylenediamine And Ethylenediamine Imports

Imports into Israel

In 2021, overseas purchases of hexamethylenediamine and its salts, ethylenediamine and its salts decreased by -0.6% to X tons, falling for the fifth year in a row after two years of growth. In general, imports faced a abrupt setback. The growth pace was the most rapid in 2015 when imports increased by 12%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, hexamethylenediamine and ethylenediamine imports surged to $X in 2021. Overall, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of 38%. 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

France (X tons), the United States (X tons) and the UK (X tons) were the main suppliers of hexamethylenediamine and ethylenediamine imports to Israel, together comprising 94% of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +1.1%), while purchases for the other leaders experienced a decline.

In value terms, the largest hexamethylenediamine and ethylenediamine suppliers to Israel were the United States ($X), France ($X) and the UK ($X), together comprising 92% of total imports.

In terms of the main suppliers, the United States, with a CAGR of -4.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average hexamethylenediamine and ethylenediamine import price stood at $X per ton in 2021, picking up by 18% against the previous year. In general, the import price, however, saw a slight shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 48%. The import price 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 origin: the country with the highest price was Switzerland ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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