Scandinavia: Aromatic Monoamines Market 2025

Aromatic Monoamines Market Size in Scandinavia

The Scandinavia aromatic monoamines market reduced dramatically to $X in 2021, waning by -47.8% against the previous year. In general, consumption saw a abrupt downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Aromatic Monoamines Production in Scandinavia

In value terms, aromatic monoamines production stood at $X in 2021 estimated in export price. Over the period under review, production showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the production volume increased by 22%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Aromatic Monoamines Exports

Exports in Scandinavia

Aromatic monoamines exports dropped markedly to X tons in 2021, reducing by -51.6% against 2020 figures. Over the period under review, exports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2016 when exports increased by 176%. The volume of export peaked at X tons in 2020, and then reduced sharply in the following year.

In value terms, aromatic monoamines exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 79% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

Norway was the largest exporting country with an export of about X tons, which accounted for 82% of total exports. It was distantly followed by Denmark (X tons), comprising a 15% share of total exports. Sweden (X tons) followed a long way behind the leaders.

Exports from Norway increased at an average annual rate of +16.4% from 2012 to 2021. At the same time, Denmark (+18.3%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +18.3% from 2012-2021. By contrast, Sweden (-7.5%) illustrated a downward trend over the same period. Norway (+34 p.p.) and Denmark (+7.5 p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by -10.6% from 2012 to 2021, respectively.

In value terms, Denmark ($X) remains the largest aromatic monoamines supplier in Scandinavia, comprising 93% of total exports. The second position in the ranking was held by Norway ($X), with a 6.5% share of total exports.

In Denmark, aromatic monoamines exports increased at an average annual rate of +31.6% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Norway (-9.4% per year) and Sweden (-24.8% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, growing by 219% against the previous year. In general, the export price saw a strong expansion. The level of export peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Denmark ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+11.3%), while the other leaders experienced a decline in the export price figures.

Aromatic Monoamines Imports

Imports in Scandinavia

In 2021, the amount of other aromatic monoamines and their derivatives, salts thereof imported in Scandinavia fell significantly to X tons, reducing by -45.8% compared with 2020. In general, imports saw a dramatic downturn. The pace of growth appeared the most rapid in 2017 with an increase of 157% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, aromatic monoamines imports fell markedly to $X in 2021. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 43% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Sweden (X tons), Finland (X tons) and Denmark (X tons) represented roughly 98% of total imports in 2021. Norway (X tons) took a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of -5.1%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Sweden ($X) constitutes the largest market for imported other aromatic monoamines and their derivatives, salts thereof in Scandinavia, comprising 60% of total imports. The second position in the ranking was taken by Finland ($X), with a 25% share of total imports. It was followed by Denmark, with an 11% share.

From 2012 to 2021, the average annual growth rate of value in Sweden stood at +15.8%. The remaining importing countries recorded the following average annual rates of imports growth: Finland (+8.0% per year) and Denmark (-21.4% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, with an increase of 14% against the previous year. Over the period under review, the import price enjoyed significant growth. The growth pace was the most rapid in 2015 an increase of 236%. The level of import peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Norway ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+26.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform