Kuwait: Hexamethylenediamine And Ethylenediamine Market 2025

Hexamethylenediamine And Ethylenediamine Market Size in Kuwait

In 2021, the Kuwaiti hexamethylenediamine and ethylenediamine market decreased by -6.3% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption, however, showed a abrupt descent. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Kuwait

In 2021, hexamethylenediamine and ethylenediamine exports from Kuwait skyrocketed to X tons, with an increase of 2,488% against the previous year's figure. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hexamethylenediamine and ethylenediamine exports surged to $X in 2021. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for hexamethylenediamine and ethylenediamine exports from Kuwait, with a approx. 50% share of total exports.

From 2015 to 2021, the average annual growth rate of volume to Italy was relatively modest.

In value terms, Italy ($X) emerged as the key foreign market for hexamethylenediamine and its salts, ethylenediamine and its salts exports from Kuwait.

From 2015 to 2021, the average annual rate of growth in terms of value to Italy was relatively modest.

Export Prices by Country

In 2021, the average hexamethylenediamine and ethylenediamine export price amounted to $X per ton, with a decrease of -5.7% against the previous year. In general, the export price, however, posted a slight increase. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2015 to 2021, the rate of growth in terms of prices for Qatar amounted to 0.0% per year.

Hexamethylenediamine And Ethylenediamine Imports

Imports into Kuwait

In 2021, overseas purchases of hexamethylenediamine and its salts, ethylenediamine and its salts increased by 47% to X tons, rising for the third year in a row after four years of decline. In general, imports, however, recorded a slight curtailment. The growth pace was the most rapid in 2014 when imports increased by 839%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine imports expanded slightly to $X in 2021. Overall, imports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of 1,580% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of hexamethylenediamine and ethylenediamine to Kuwait, with a 55% share of total imports. Moreover, hexamethylenediamine and ethylenediamine imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was held by Saudi Arabia (X tons), with a 9% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.1% per year) and Saudi Arabia (-15.2% per year).

In value terms, the United States ($X) constituted the largest supplier of hexamethylenediamine and its salts, ethylenediamine and its salts to Kuwait, comprising 74% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports. It was followed by Saudi Arabia, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at -11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.3% per year) and Saudi Arabia (-22.7% per year).

Import Prices by Country

In 2021, the average hexamethylenediamine and ethylenediamine import price amounted to $X per ton, dropping by -30.6% against the previous year. Overall, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 79% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for China ($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 United States (-7.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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