Puerto Rico: Dicyandiamide Market 2025

Dicyandiamide Market Size in Puerto Rico

The Puerto Rican dicyandiamide market amounted to less than $X in 2021, approximately equating 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 showed a relatively flat trend pattern.

Dicyandiamide Exports

Exports from Puerto Rico

Dicyandiamide exports from Puerto Rico was estimated at less than X kg in 2021, approximately mirroring 2020. In general, exports saw a relatively flat trend pattern.

In value terms, dicyandiamide exports amounted to less than $X in 2021. Overall, exports recorded a relatively flat trend pattern.

Exports by Country

China was the main exporter of X-cyanoguanidine (dicyandiamide) in the world, with the volume of exports amounting to X tons, which was near 77% of total exports in 2021. It was distantly followed by Germany (X tons), achieving a 20% share of total exports. The United States (X tons) took a relatively small share of total exports.

China was also the fastest-growing in terms of the X-cyanoguanidine (dicyandiamide) exports, with a CAGR of +3.5% from 2012 to 2021. At the same time, Germany (+2.9%) displayed positive paces of growth. By contrast, the United States (-5.8%) illustrated a downward trend over the same period. While the share of China (+1.9 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest dicyandiamide supplier from Puerto Rico, comprising 75% of global exports. The second position in the ranking was taken by Germany ($X), with a 20% share of global exports.

From 2012 to 2021, the average annual growth rate of value in China amounted to +5.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+1.2% per year) and the United States (-5.5% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, flattening at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the other leaders experienced mixed trends in the export price figures.

Dicyandiamide Imports

Imports into Puerto Rico

In 2021, imports of X-cyanoguanidine (dicyandiamide) into Puerto Rico totaled less than X kg, therefore, remained relatively stable against the previous year. In general, imports showed a relatively flat trend pattern.

In value terms, dicyandiamide imports amounted to less than $X in 2021. Over the period under review, imports showed a relatively flat trend pattern.

Imports by Country

India was the major importer of X-cyanoguanidine (dicyandiamide) in the world, with the volume of imports recording X tons, which was approx. 43% of total imports in 2021. The United States (X tons) ranks second in terms of the total imports with an 11% share, followed by France (9.1%) and Japan (5.3%). The following importers - Turkey (X tons), Brazil (X tons), Spain (X tons), Norway (X tons), Italy (X tons), Indonesia (X tons) and the Netherlands (X tons) - together made up 19% of total imports.

Imports into India increased at an average annual rate of +4.6% from 2012 to 2021. At the same time, Turkey (+30.9%), the Netherlands (+18.5%), Indonesia (+15.4%), France (+6.8%), Norway (+6.7%), Japan (+3.0%) and Italy (+2.8%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in the world, with a CAGR of +30.9% from 2012-2021. Spain, the United States and Brazil experienced a relatively flat trend pattern. Turkey (+3 p.p.), India (+2.3 p.p.) and France (+2 p.p.) significantly strengthened its position in terms of the global imports, while Brazil and the United States saw its share reduced by -1.8% and -4.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported X-cyanoguanidine (dicyandiamide) into Puerto Rico, comprising 42% of global imports. The second position in the ranking was taken by the United States ($X), with a 10% share of global imports. It was followed by France, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value in India totaled +6.3%. In the other countries, the average annual rates were as follows: the United States (+1.5% per year) and France (+6.5% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, stabilizing at the previous year. Overall, the import price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Indonesia ($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 (+1.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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