Italy: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Italy

In 2021, after two years of growth, there was significant decline in the Italian hexamethylenediamine and ethylenediamine market, when its value decreased by -8.6% to $X. Overall, consumption saw a relatively flat trend pattern. Hexamethylenediamine and ethylenediamine consumption peaked at $X in 2020, and then dropped in the following year.

Hexamethylenediamine And Ethylenediamine Production in Italy

In value terms, hexamethylenediamine and ethylenediamine production contracted to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 35% against the previous year. Hexamethylenediamine and ethylenediamine production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Italy

In 2021, the amount of hexamethylenediamine and its salts, ethylenediamine and its salts exported from Italy dropped to X tons, declining by -2.9% compared with the previous year's figure. Overall, exports recorded a noticeable downturn. The pace of growth appeared the most rapid in 2020 with an increase of 208% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, hexamethylenediamine and ethylenediamine exports reduced to $X in 2021. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 173%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Montenegro (X tons), Germany (X tons) and Bahrain (X tons) were the main destinations of hexamethylenediamine and ethylenediamine exports from Italy, together accounting for 34% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Montenegro (with a CAGR of +619.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), India ($X) and Spain ($X) were the largest markets for hexamethylenediamine and ethylenediamine exported from Italy worldwide, together accounting for 29% of total exports. These countries were followed by Syrian Arab Republic, Bahrain, France, Montenegro, Algeria, the Netherlands, Romania, the UK, Greece and China, which together accounted for a further 46%.

In terms of the main countries of destination, Montenegro, with a CAGR of +480.2%, 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 hexamethylenediamine and ethylenediamine export price stood at $X per ton in 2021, falling by -6.5% against the previous year. In general, the export price showed a mild setback. The pace of growth appeared the most rapid in 2017 an increase of 26%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Romania ($X per ton), while the average price for exports to China ($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 (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Hexamethylenediamine And Ethylenediamine Imports

Imports into Italy

For the fifth consecutive year, Italy recorded decline in overseas purchases of hexamethylenediamine and its salts, ethylenediamine and its salts, which decreased by -2.5% to X tons in 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 47% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine imports rose modestly to $X in 2021. In general, imports saw a perceptible contraction. The most prominent rate of growth was recorded in 2016 with an increase of 28%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons), Sweden (X tons) and Germany (X tons) were the main suppliers of hexamethylenediamine and ethylenediamine imports to Italy, together comprising 87% of total imports. These countries were followed by the Netherlands, China, the UK and Poland, which together accounted for a further 12%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +13.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of hexamethylenediamine and its salts, ethylenediamine and its salts to Italy, comprising 50% of total imports. The second position in the ranking was taken by Sweden ($X), with an 18% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium amounted to +12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-1.8% per year) and Germany (-5.3% per year).

Import Prices by Country

The average hexamethylenediamine and ethylenediamine import price stood at $X per ton in 2021, increasing by 7.1% against the previous year. In general, the import price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2017 an increase of 11% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Poland ($X per ton), while the price for Sweden ($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 (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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