Switzerland: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Switzerland

The Swiss hexamethylenediamine and ethylenediamine market surged to $X in 2021, increasing by 59% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Switzerland

In 2021, overseas shipments of hexamethylenediamine and its salts, ethylenediamine and its salts decreased by -72.9% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports recorded a dramatic curtailment. The growth pace was the most rapid in 2019 when exports increased by 33,539%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, hexamethylenediamine and ethylenediamine exports dropped significantly to $X in 2021. Overall, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 15,686%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X kg) was the main destination for hexamethylenediamine and ethylenediamine exports from Switzerland, accounting for a 49% share of total exports. Moreover, hexamethylenediamine and ethylenediamine exports to Germany exceeded the volume sent to the second major destination, Hong Kong SAR (X kg), twofold. Belgium (X kg) ranked third in terms of total exports with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled -33.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-30.5% per year) and Belgium (+12.0% per year).

In value terms, the largest markets for hexamethylenediamine and ethylenediamine exported from Switzerland were Germany ($X), Argentina ($X) and Belgium ($X), together accounting for 95% of total exports.

In terms of the main countries of destination, Belgium, with a CAGR of +20.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average hexamethylenediamine and ethylenediamine export price stood at $X per ton in 2021, falling by -60.6% against the previous year. In general, the export price, however, posted a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 461% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped sharply in the following year.

Prices varied noticeably country of destination: the country with the highest price was Argentina ($X per ton), while the average price for exports to Hong Kong SAR ($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 Hong Kong SAR (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Hexamethylenediamine And Ethylenediamine Imports

Imports into Switzerland

Hexamethylenediamine and ethylenediamine imports into Switzerland soared to X tons in 2021, picking up by 30% against 2020 figures. Overall, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hexamethylenediamine and ethylenediamine imports skyrocketed to $X in 2021. In general, imports enjoyed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, France (X tons) was the main supplier of hexamethylenediamine and ethylenediamine to Switzerland, accounting for a 93% share of total imports. Moreover, hexamethylenediamine and ethylenediamine imports from France exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. Belgium (X tons) ranked third in terms of total imports with a 0.9% share.

From 2012 to 2021, the average annual growth rate of volume from France amounted to +19.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+17.7% per year) and Belgium (-29.6% per year).

In value terms, France ($X) constituted the largest supplier of hexamethylenediamine and its salts, ethylenediamine and its salts to Switzerland, comprising 90% of total imports. The second position in the ranking was held by the United States ($X), with an 8.9% share of total imports. It was followed by Belgium, with a 0.9% share.

From 2012 to 2021, the average annual growth rate of value from France totaled +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+25.1% per year) and Belgium (-29.7% per year).

Import Prices by Country

The average hexamethylenediamine and ethylenediamine import price stood at $X per ton in 2021, growing by 34% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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