U.S.: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in the U.S.

The U.S. hexamethylenediamine and ethylenediamine market amounted to $X in 2021, surging by 4.4% against the previous year. In general, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -6.4% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Hexamethylenediamine And Ethylenediamine Production in the U.S.

In value terms, hexamethylenediamine and ethylenediamine production expanded markedly to $X in 2021. In general, the total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -6.7% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 33% against the previous year. Hexamethylenediamine and ethylenediamine production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Hexamethylenediamine And Ethylenediamine Exports

Exports from the U.S.

In 2021, after two years of decline, there was significant growth in overseas shipments of hexamethylenediamine and its salts, ethylenediamine and its salts, when their volume increased by 30% to X tons. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, hexamethylenediamine and ethylenediamine exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the maximum 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 hexamethylenediamine and ethylenediamine exports from the United States, together accounting for 56% of total exports. China, Singapore, Belgium, Turkey, Israel, the Netherlands, Colombia and Argentina lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +29.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hexamethylenediamine and ethylenediamine exported from the United States were Canada ($X), Japan ($X) and South Korea ($X), together comprising 58% of total exports. China, Belgium, Turkey, Singapore, Israel, the Netherlands, Colombia and Argentina lagged somewhat behind, together comprising a further 38%.

Belgium, with a CAGR of +26.7%, recorded 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 hexamethylenediamine and ethylenediamine export price amounted to $X per ton, increasing by 32% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per ton), while the average price for exports to Singapore ($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 (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Hexamethylenediamine And Ethylenediamine Imports

Imports into the U.S.

In 2021, supplies from abroad of hexamethylenediamine and its salts, ethylenediamine and its salts increased by 52% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +5.6% 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 2017 when imports increased by 142%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, hexamethylenediamine and ethylenediamine imports skyrocketed to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 62% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Sweden (X tons), Belgium (X tons) and China (X tons) were the main suppliers of hexamethylenediamine and ethylenediamine imports to the United States, together accounting for 93% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +30.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Belgium ($X) and Sweden ($X) appeared to be the largest hexamethylenediamine and ethylenediamine suppliers to the United States, with a combined 86% share of total imports.

Sweden, with a CAGR of +21.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average hexamethylenediamine and ethylenediamine import price stood at $X per ton in 2021, waning by -10.4% against the previous year. Overall, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 13%. 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 Canada ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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