Saudi Arabia: Market for Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) 2024

Market Size for Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) in Saudi Arabia

The Saudi market for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) shrank markedly to $X in 2021, with a decrease of -90.3% against the previous year. In general, consumption saw a dramatic curtailment. Consumption of (excl. hexamethylenediamine and ethylenediamine) peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Production of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) in Saudi Arabia

In value terms, production of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) expanded notably to $X in 2021 estimated in export price. Overall, the total production indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production (excl. hexamethylenediamine and ethylenediamine) decreased by -9.9% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 75%. Over the period under review, production of (excl. hexamethylenediamine and ethylenediamine) attained the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine)

Exports from Saudi Arabia

In 2021, approx. X tons of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) were exported from Saudi Arabia; increasing by 37% compared with the previous year's figure. Over the period under review, total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when exports increased by 61%. Over the period under review, the exports of (excl. hexamethylenediamine and ethylenediamine) attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) skyrocketed to $X in 2021. Overall, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 83% against the previous year. Over the period under review, the exports of (excl. hexamethylenediamine and ethylenediamine) attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

China (X tons) was the main destination for exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) from Saudi Arabia, with a 37% share of total exports. Moreover, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) to China exceeded the volume sent to the second major destination, India (X tons), twofold. Singapore (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to China stood at +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+16.3% per year) and Singapore (-2.7% per year).

In value terms, China ($X) remains the key foreign market for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) exports from Saudi Arabia, comprising 40% of total exports. The second position in the ranking was taken by India ($X), with a 13% share of total exports. It was followed by Singapore, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to China stood at +12.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+12.4% per year) and Singapore (-2.4% per year).

Export Prices by Country

In 2021, the average export price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) amounted to $X per ton, growing by 30% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to India ($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 (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine)

Imports into Saudi Arabia

In 2015, the amount of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) imported into Saudi Arabia fell to X tons, remaining relatively unchanged against the previous year's figure. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 311% against the previous year. As a result, imports reached the peak of X tons, leveling off in the following year.

In value terms, imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) rose rapidly to $X in 2015. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2014 when imports increased by 171% against the previous year. Imports peaked in 2015 and are likely to continue growth in the near future.

Imports by Country

In 2015, China (X tons) constituted the largest acyclic polyamines and their derivatives and salts thereof supplier to Saudi Arabia, with a 37% share of total imports. Moreover, imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) from China exceeded the figures recorded by the second-largest supplier, Argentina (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with a 6.5% share.

From 2012 to 2015, the average annual rate of growth in terms of volume from China totaled +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-20.8% per year) and the UK (-10.3% per year).

In value terms, China ($X), the United States ($X) and the UK ($X) constituted the largest acyclic polyamines and their derivatives and salts thereof suppliers to Saudi Arabia, together comprising 65% of total imports.

Among the main suppliers, the United States, with a CAGR of +138.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) stood at $X per ton in 2015, growing by 10% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2015: its price increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2015 figures, import price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) decreased by -27.2% against 2013 indices. The growth pace was the most rapid in 2013 when the average import price increased by 58% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2015, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2015, the most notable rate of growth in terms of prices was attained by the United States (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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