Spain: Market for Organic Derivatives Of Hydrazine Or Of Hydroxylamine 2024

Market Size for Organic Derivatives Of Hydrazine Or Of Hydroxylamine in Spain

The Spanish hydrazine and hydroxylamine derivatives market fell rapidly to $X in 2022, shrinking by -23.2% against the previous year. In general, consumption recorded a abrupt downturn. Hydrazine and hydroxylamine derivatives consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Organic Derivatives Of Hydrazine Or Of Hydroxylamine in Spain

In value terms, hydrazine and hydroxylamine derivatives production reduced to $X in 2022 estimated in export price. Overall, production recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 27%. Hydrazine and hydroxylamine derivatives production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Exports from Spain

In 2022, hydrazine and hydroxylamine derivatives exports from Spain totaled X tons, standing approx. at the year before. In general, total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 79%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, hydrazine and hydroxylamine derivatives exports rose notably to $X in 2022. Over the period under review, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.8% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 111% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

France (X tons) was the main destination for hydrazine and hydroxylamine derivatives exports from Spain, with a 34% share of total exports. Moreover, hydrazine and hydroxylamine derivatives exports to France exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at +9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+0.8% per year) and Italy (+20.7% per year).

In value terms, France ($X) remains the key foreign market for organic derivatives of hydrazine or of hydroxylamine exports from Spain, comprising 49% of total exports. The second position in the ranking was held by Brazil ($X), with an 8.7% share of total exports. It was followed by Germany, with a 7.7% share.

From 2012 to 2022, the average annual growth rate of value to France stood at +15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+7.5% per year) and Germany (+0.0% per year).

Export Prices by Country

The average hydrazine and hydroxylamine derivatives export price stood at $X per ton in 2022, surging by 8.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2013 an increase of 41%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+45.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Imports into Spain

In 2022, the amount of organic derivatives of hydrazine or of hydroxylamine imported into Spain fell to X tons, declining by -11.1% compared with 2021 figures. Overall, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.0% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 57% against the previous year. Imports peaked at X tons in 2021, and then fell in the following year.

In value terms, hydrazine and hydroxylamine derivatives imports dropped rapidly to $X in 2022. In general, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 234% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped notably in the following year.

Imports by Country

Germany (X tons), China (X tons) and France (X tons) were the main suppliers of hydrazine and hydroxylamine derivatives imports to Spain, with a combined 65% share of total imports. The United States, India, Switzerland, South Korea and Japan lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +59.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hydrazine and hydroxylamine derivatives suppliers to Spain were France ($X), Switzerland ($X) and Germany ($X), with a combined 75% share of total imports.

In terms of the main suppliers, Switzerland, with a CAGR of +79.6%, saw the highest growth rate of 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

In 2022, the average hydrazine and hydroxylamine derivatives import price amounted to $X per ton, waning by -12.8% against the previous year. Over the period under review, the import price, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 113% against the previous year. The import price peaked at $X per ton in 2021, and then dropped in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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