South Africa: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in South Africa

In 2021, after two years of growth, there was significant decline in the South African hexamethylenediamine and ethylenediamine market, when its value decreased by -13.2% to $X. In general, consumption continues to indicate a abrupt decline. Hexamethylenediamine and ethylenediamine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Hexamethylenediamine And Ethylenediamine Production in South Africa

In value terms, hexamethylenediamine and ethylenediamine production contracted to $X in 2021 estimated in export price. In general, production showed a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 32%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Hexamethylenediamine And Ethylenediamine Exports

Exports from South Africa

In 2021, shipments abroad of hexamethylenediamine and its salts, ethylenediamine and its salts increased by 87% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 797% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, hexamethylenediamine and ethylenediamine exports skyrocketed to $X in 2021. In general, exports posted a strong expansion. The pace of growth was the most pronounced in 2016 when exports increased by 359%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Rwanda (X tons), Botswana (X tons) and Zambia (X tons) were the main destinations of hexamethylenediamine and ethylenediamine exports from South Africa, together accounting for 97% 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 Rwanda (with a CAGR of +297.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hexamethylenediamine and ethylenediamine exported from South Africa were Rwanda ($X), Botswana ($X) and Tanzania ($X), together comprising 95% of total exports.

Rwanda, with a CAGR of +556.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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, with an increase of 42% against the previous year. Overall, the export price, however, recorded a deep downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by 53% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Tanzania ($X per ton), while the average price for exports to Uganda ($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 Rwanda (+65.2%), while the prices for the other major destinations experienced a decline.

Hexamethylenediamine And Ethylenediamine Imports

Imports into South Africa

After two years of growth, purchases abroad of hexamethylenediamine and its salts, ethylenediamine and its salts decreased by -43.7% to X tons in 2021. Over the period under review, imports, however, saw a modest expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 55% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020, and then declined significantly in the following year.

In value terms, hexamethylenediamine and ethylenediamine imports contracted remarkably to $X in 2021. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 56% against the previous year. Imports peaked at $X in 2020, and then dropped markedly in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest hexamethylenediamine and ethylenediamine supplier to South Africa, with a 85% share of total imports. Moreover, hexamethylenediamine and ethylenediamine imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X tons), more than tenfold. Sweden (X tons) ranked third in terms of total imports with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+88.3% per year) and Sweden (-11.5% per year).

In value terms, China ($X) constituted the largest supplier of hexamethylenediamine and its salts, ethylenediamine and its salts to South Africa, comprising 81% of total imports. The second position in the ranking was held by Portugal ($X), with a 7.8% share of total imports. It was followed by Belgium, with a 3.4% share.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+88.1% per year) and Belgium (+133.4% per year).

Import Prices by Country

In 2021, the average hexamethylenediamine and ethylenediamine import price amounted to $X per ton, picking up by 19% against the previous year. Over the period under review, the import price, however, recorded a slight decline. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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