Southern Asia: Aromatic Monoamines Market 2025

Aromatic Monoamines Market Size in Southern Asia

After two years of decline, the South Asian aromatic monoamines market increased by 14% to $X in 2021. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Aromatic Monoamines Production in Southern Asia

In value terms, aromatic monoamines production totaled $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2016 when the production volume increased by 81% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Aromatic Monoamines Exports

Exports in Southern Asia

Aromatic monoamines exports expanded notably to X tons in 2021, growing by 12% on the year before. Total exports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -0.5% against 2019 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 33% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, aromatic monoamines exports skyrocketed to $X in 2021. Total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +9.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +18.9% against 2013 indices. The growth pace was the most rapid in 2013 with an increase of 97%. The level of export peaked in 2021 and is likely to continue growth in years to come.

Exports by Country

In 2021, India (X tons) represented the major exporter of other aromatic monoamines and their derivatives, salts thereof in Southern Asia, mixing up 99.9% of total export.

India was also the fastest-growing in terms of the other aromatic monoamines and their derivatives, salts thereof exports, with a CAGR of +3.4% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest aromatic monoamines supplier in Southern Asia.

In India, aromatic monoamines exports expanded at an average annual rate of +9.9% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, rising by 14% against the previous year. Export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, aromatic monoamines export price increased by +30.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 48%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +6.3% per year.

Aromatic Monoamines Imports

Imports in Southern Asia

In 2021, imports of other aromatic monoamines and their derivatives, salts thereof in Southern Asia rose markedly to X tons, with an increase of 12% on the previous year's figure. The total import volume increased at an average annual rate of +5.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 14% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, aromatic monoamines imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

India prevails in imports structure, accounting for X tons, which was near 96% of total imports in 2021. Pakistan (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the other aromatic monoamines and their derivatives, salts thereof imports, with a CAGR of +5.2% from 2012 to 2021. At the same time, Pakistan (+1.0%) displayed positive paces of growth. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported other aromatic monoamines and their derivatives, salts thereof in Southern Asia, comprising 92% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 5.7% share of total imports.

In India, aromatic monoamines imports increased at an average annual rate of +2.8% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, rising by 7.3% against the previous year. In general, the import price, however, continues to indicate a slight slump. The most prominent rate of growth was recorded in 2018 an increase of 21%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Pakistan ($X per ton), while India amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+6.0%).

Source: IndexBox Platform

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