United Kingdom: Aniline Market 2024

Aniline Market Size in the UK

The UK aniline market soared to $X in 2021, jumping by 43% against the previous year. Overall, consumption showed a tangible increase. Aniline consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Aniline Production in the UK

In value terms, aniline production amounted to $X in 2021 estimated in export price. Overall, production saw a perceptible downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by 23%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Aniline Exports

Exports from the UK

In 2021, approx. X tons of aniline and its salts (excluding derivatives) were exported from the UK; which is down by -5.6% against the year before. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 21% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, aniline exports rose sharply to $X in 2021. Overall, exports showed a perceptible reduction. The most prominent rate of growth was recorded in 2013 when exports increased by 22%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for aniline exports from the UK, with a 84% share of total exports. Moreover, aniline exports to the Netherlands exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold. Belgium (X tons) ranked third in terms of total exports with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands stood at -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+179.0% per year) and Belgium (+340.4% per year).

In value terms, the Netherlands ($X) remains the key foreign market for aniline and its salts (excluding derivatives) exports from the UK, comprising 79% of total exports. The second position in the ranking was taken by the United States ($X), with a 9% share of total exports. It was followed by Belgium, with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands stood at -4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+123.3% per year) and Belgium (+233.4% per year).

Export Prices by Country

In 2021, the average aniline export price amounted to $X per ton, with an increase of 17% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 30%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the Netherlands ($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 Slovakia (-1.5%), while the prices for the other major destinations experienced a decline.

Aniline Imports

Imports into the UK

In 2021, purchases abroad of aniline and its salts (excluding derivatives) increased by 53% to X tons, rising for the second consecutive year after three years of decline. In general, imports saw strong growth. The pace of growth was the most pronounced in 2013 with an increase of 18,482% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, aniline imports dropped dramatically to $X in 2021. Overall, imports, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 when imports increased by 5,641% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of aniline to the UK, with a 84% share of total imports. Moreover, aniline imports from the Netherlands exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The third position in this ranking was held by Germany (X tons), with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands stood at +17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-5.4% per year) and Germany (-0.2% per year).

In value terms, the Netherlands ($X), India ($X) and Germany ($X) constituted the largest aniline suppliers to the UK, together comprising 93% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +13.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average aniline import price stood at $X per ton in 2021, shrinking by -70% against the previous year. Over the period under review, the import price recorded a abrupt setback. The pace of growth was the most pronounced in 2015 when the average import price increased by 215%. 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 India ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+20.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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