United Kingdom: Aniline Derivatives Market 2024

Aniline Derivatives Market Size in the UK

The UK aniline derivatives market dropped rapidly to $X in 2021, declining by -19.3% against the previous year. In general, consumption continues to indicate a noticeable curtailment. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Aniline Derivatives Production in the UK

In value terms, aniline derivatives production reached $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt decline. Aniline derivatives production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Aniline Derivatives Exports

Exports from the UK

In 2021, shipments abroad of aniline derivatives and their salts increased by 37% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2017 with an increase of 163% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, aniline derivatives exports expanded rapidly to $X in 2021. Overall, exports, however, showed a mild setback. The growth pace was the most rapid in 2014 with an increase of 130% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for aniline derivatives exports from the UK, with a 61% share of total exports. Moreover, aniline derivatives exports to France exceeded the volume sent to the second major destination, Italy (X tons), fivefold. Sweden (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to France stood at +12.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+4.8% per year) and Sweden (+63.8% per year).

In value terms, Sweden ($X), France ($X) and Germany ($X) appeared to be the largest markets for aniline derivatives exported from the UK worldwide, with a combined 83% share of total exports.

Among the main countries of destination, Sweden, with a CAGR of +87.8%, 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

In 2021, the average aniline derivatives export price amounted to $X per ton, which is down by -20.1% against the previous year. In general, the export price, however, saw a modest increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 140%. The export price peaked at $X per ton in 2014; however, from 2015 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 Switzerland ($X per ton), while the average price for exports to Poland ($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 Belgium (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.

Aniline Derivatives Imports

Imports into the UK

In 2021, imports of aniline derivatives and their salts into the UK rose to X tons, growing by 3.4% compared with the previous year. Over the period under review, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 38% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, aniline derivatives imports expanded sharply to $X in 2021. The total import value increased at an average annual rate of +1.0% 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 appeared the most rapid in 2018 with an increase of 33%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of aniline derivatives to the UK, with a 62% share of total imports. Moreover, aniline derivatives imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. India (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+97.9% per year) and India (-22.0% per year).

In value terms, China ($X) constituted the largest supplier of aniline derivatives and their salts to the UK, comprising 62% of total imports. The second position in the ranking was held by Italy ($X), with a 20% share of total imports. It was followed by India, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+129.9% per year) and India (-9.6% per year).

Import Prices by Country

In 2021, the average aniline derivatives import price amounted to $X per ton, increasing by 2.2% against the previous year. In general, the import price recorded a resilient expansion. The most prominent rate of growth was recorded in 2015 an increase of 48% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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