U.S.: Amine-Function Compounds Market 2025

Amine-Function Compounds Market Size in the U.S.

The U.S. amine-function compounds market shrank slightly to $X in 2021, which is down by -2.3% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 4.8%. As a result, consumption attained the peak level of $X, and then declined in the following year.

Amine-Function Compounds Production in the U.S.

In value terms, amine-function compounds production contracted modestly to $X in 2021. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 4.8%. As a result, production attained the peak level of $X, and then reduced slightly in the following year.

Amine-Function Compounds Exports

Exports from the U.S.

In 2021, after two years of decline, there was significant growth in overseas shipments of amine-function compounds, when their volume increased by 23% to X tons. Overall, exports, however, continue to indicate a slight downturn. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, amine-function compounds exports soared to $X in 2021. In general, exports, however, continue to indicate a noticeable slump. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X tons), Japan (X tons) and South Korea (X tons) were the main destinations of amine-function compounds exports from the United States, with a combined 41% share of total exports. These countries were followed by Belgium, China, Brazil, Singapore, Mexico, the Netherlands, India, Turkey, Taiwan (Chinese) and Argentina, which together accounted for a further 49%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of +3.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for amine-function compounds exported from the United States were Canada ($X), Japan ($X) and South Korea ($X), together comprising 40% of total exports.

South Korea, with a CAGR of +5.5%, saw the highest rates of growth with regard to the value of exports, in terms of 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

In 2021, the average amine-function compounds export price amounted to $X per ton, surging by 15% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Argentina ($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 China (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Amine-Function Compounds Imports

Imports into the U.S.

In 2021, overseas purchases of amine-function compounds were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 37% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, amine-function compounds imports surged to $X in 2021. The total import value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by 30% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of amine-function compounds imports to the United States, with a combined 53% share of total imports. The UK, India, Japan, the Philippines, Portugal, the Czech Republic, South Korea, Mexico, Sweden and Canada lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +85.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of amine-function compounds to the United States, comprising 27% of total imports. The second position in the ranking was taken by India ($X), with a 13% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+5.3% per year) and Germany (+0.5% per year).

Import Prices by Country

The average amine-function compounds import price stood at $X per ton in 2021, declining by -4.5% against the previous year. Overall, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2019 an increase of 8% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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