Sweden: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Sweden

In 2021, the Swedish hexamethylenediamine and ethylenediamine market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, saw a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Hexamethylenediamine And Ethylenediamine Production in Sweden

In value terms, hexamethylenediamine and ethylenediamine production expanded notably to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt setback. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Sweden

In 2021, overseas shipments of hexamethylenediamine and its salts, ethylenediamine and its salts increased by 7.9% to X tons, rising for the second year in a row after two years of decline. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 31%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, hexamethylenediamine and ethylenediamine exports soared to $X in 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for hexamethylenediamine and ethylenediamine exports from Sweden, accounting for a 29% share of total exports. Moreover, hexamethylenediamine and ethylenediamine exports to India exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by the United States (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to India totaled +5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+16.8% per year) and the United States (+32.6% per year).

In value terms, the largest markets for hexamethylenediamine and ethylenediamine exported from Sweden were India ($X), Germany ($X) and the United States ($X), together accounting for 54% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +26.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average hexamethylenediamine and ethylenediamine export price amounted to $X per ton, rising by 16% against the previous year. Overall, the export price, however, recorded a slight contraction. The pace of growth was the most pronounced in 2017 an increase of 20%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to the United States ($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 South Korea (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Hexamethylenediamine And Ethylenediamine Imports

Imports into Sweden

After four years of decline, overseas purchases of hexamethylenediamine and its salts, ethylenediamine and its salts increased by 18% to X tons in 2021. In general, imports, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 1,697%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, hexamethylenediamine and ethylenediamine imports soared to $X in 2021. Over the period under review, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 508%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Denmark (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of hexamethylenediamine and ethylenediamine imports to Sweden, with a combined 82% share of total imports. Italy and Norway lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +181.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) constituted the largest supplier of hexamethylenediamine and its salts, ethylenediamine and its salts to Sweden, comprising 45% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 21% share of total imports. It was followed by Norway, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Denmark stood at +24.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-6.9% per year) and Norway (+64.7% per year).

Import Prices by Country

The average hexamethylenediamine and ethylenediamine import price stood at $X per ton in 2021, picking up by 29% against the previous year. Over the period under review, the import price saw a mild increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 84% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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