United Arab Emirates: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in the United Arab Emirates

In 2021, the hexamethylenediamine and ethylenediamine market in the United Arab Emirates was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, showed a pronounced slump. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Hexamethylenediamine And Ethylenediamine Production in the United Arab Emirates

In value terms, hexamethylenediamine and ethylenediamine production rose sharply to $X in 2021 estimated in export price. In general, production, however, saw a pronounced decline. The growth pace was the most rapid in 2018 when the production volume increased by 43%. Hexamethylenediamine and ethylenediamine production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Hexamethylenediamine And Ethylenediamine Exports

Exports from the United Arab Emirates

In 2021, the amount of hexamethylenediamine and its salts, ethylenediamine and its salts exported from the United Arab Emirates skyrocketed to X tons, picking up by 267% compared with 2020 figures. In general, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by 310% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by 280% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Oman (X tons) was the main destination for hexamethylenediamine and ethylenediamine exports from the United Arab Emirates, with a 85% share of total exports. Moreover, hexamethylenediamine and ethylenediamine exports to Oman exceeded the volume sent to the second major destination, the Netherlands (X tons), more than tenfold. India (X tons) ranked third in terms of total exports with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman amounted to +25.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+435.2% per year) and India (+2.5% per year).

In value terms, Oman ($X) remains the key foreign market for hexamethylenediamine and its salts, ethylenediamine and its salts exports from the United Arab Emirates, comprising 80% of total exports. The second position in the ranking was held by India ($X), with a 9.1% share of total exports. It was followed by Bahrain, with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman totaled +17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+11.8% per year) and Bahrain (+13.0% per year).

Export Prices by Country

In 2021, the average hexamethylenediamine and ethylenediamine export price amounted to $X per ton, dropping by -1.8% against the previous year. Overall, the export price continues to indicate a pronounced contraction. The growth pace was the most rapid in 2015 when the average export price increased by 28%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while the average price for exports to the Netherlands ($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 Yemen (+29.3%), while the prices for the other major destinations experienced more modest paces of growth.

Hexamethylenediamine And Ethylenediamine Imports

Imports into the United Arab Emirates

After two years of decline, overseas purchases of hexamethylenediamine and its salts, ethylenediamine and its salts increased by 199% to X tons in 2021. Overall, imports enjoyed a resilient increase. The pace of growth was the most pronounced in 2017 when imports increased by 1,097%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, hexamethylenediamine and ethylenediamine imports soared to $X in 2021. In general, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 645% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest supplier of hexamethylenediamine and ethylenediamine to the United Arab Emirates, accounting for a 85% share of total imports. Moreover, hexamethylenediamine and ethylenediamine imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The third position in this ranking was taken by Canada (X tons), with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia stood at +18.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+37.1% per year) and Canada (+28.9% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of hexamethylenediamine and its salts, ethylenediamine and its salts to the United Arab Emirates, comprising 79% of total imports. The second position in the ranking was held by India ($X), with an 11% share of total imports. It was followed by Canada, with a 2.8% share.

From 2012 to 2021, the average annual growth rate of value from Saudi Arabia amounted to +26.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+36.2% per year) and Canada (+27.8% per year).

Import Prices by Country

The average hexamethylenediamine and ethylenediamine import price stood at $X per ton in 2021, which is down by -11.6% against the previous year. In general, the import price saw a pronounced downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 52%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

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 ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :