U.S.: Aromatic Polyamines Market 2024

Aromatic Polyamines Market Size in the U.S.

The U.S. aromatic polyamines market rose markedly to $X in 2021, picking up by 8.7% against the previous year. In general, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +72.1% against 2016 indices. Aromatic polyamines consumption peaked in 2021 and is expected to retain growth in the immediate term.

Aromatic Polyamines Production in the U.S.

In value terms, aromatic polyamines production fell to $X in 2021. Overall, production continues to indicate a slight setback. The growth pace was the most rapid in 2014 with an increase of 73%. Aromatic polyamines production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Aromatic Polyamines Exports

Exports from the U.S.

In 2021, after two years of decline, there was significant growth in shipments abroad of aromatic polyamines and their derivatives, salts thereof, when their volume increased by 8% to X tons. In general, exports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 16% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, aromatic polyamines exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of 34%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium (X tons), Mexico (X tons) and Spain (X tons) were the main destinations of aromatic polyamines exports from the United States, with a combined 59% share of total exports. These countries were followed by China, Germany, South Korea, Canada, Japan and Poland, which together accounted for a further 28%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +7.7%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for aromatic polyamines exported from the United States were Belgium ($X), Spain ($X) and Mexico ($X), with a combined 59% share of total exports.

Among the main countries of destination, Spain, with a CAGR of +6.5%, recorded 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

The average aromatic polyamines export price stood at $X per ton in 2021, with an increase of 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.6%. The pace of growth was the most pronounced in 2013 an increase of 44%. Over the period under review, the average export prices reached the maximum 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 Poland ($X per ton), while the average price for exports to Mexico ($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 Japan (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Aromatic Polyamines Imports

Imports into the U.S.

In 2021, supplies from abroad of aromatic polyamines and their derivatives, salts thereof was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, aromatic polyamines imports soared to $X in 2021. In general, imports recorded a relatively flat trend pattern. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Belgium (X tons) and India (X tons) were the main suppliers of aromatic polyamines imports to the United States, together comprising 71% of total imports. South Korea, Japan, Germany and Switzerland lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +10.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest aromatic polyamines suppliers to the United States were China ($X), India ($X) and Belgium ($X), with a combined 67% share of total imports. Japan, South Korea, Germany and Switzerland lagged somewhat behind, together accounting for a further 31%.

Switzerland, with a CAGR of +5.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average aromatic polyamines import price stood at $X per ton in 2021, declining by -9.2% against the previous year. In general, the import price recorded a mild setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 12% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 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 Japan ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :