United Kingdom: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in the UK

After three years of growth, the UK hexamethylenediamine and ethylenediamine market decreased by -17.7% to $X in 2021. Overall, consumption, however, continues to indicate a noticeable increase. As a result, consumption attained the peak level of $X, and then fell markedly in the following year.

Hexamethylenediamine And Ethylenediamine Production in the UK

In value terms, hexamethylenediamine and ethylenediamine production declined remarkably to $X in 2021 estimated in export price. In general, production, however, showed moderate growth. The pace of growth was the most pronounced in 2019 with an increase of 52%. Hexamethylenediamine and ethylenediamine production peaked at $X in 2020, and then contracted significantly in the following year.

Hexamethylenediamine And Ethylenediamine Exports

Exports from the UK

In 2021, hexamethylenediamine and ethylenediamine exports from the UK soared to X tons, rising by 16% compared with the previous year. Over the period under review, exports, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2014 when exports increased by 33% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, hexamethylenediamine and ethylenediamine exports skyrocketed to $X in 2021. Overall, exports continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2019 with an increase of 108%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), the United States (X tons) and Ireland (X tons) were the main destinations of hexamethylenediamine and ethylenediamine exports from the UK, with a combined 44% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +72.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the United States ($X) and Thailand ($X) appeared to be the largest markets for hexamethylenediamine and ethylenediamine exported from the UK worldwide, together accounting for 48% of total exports.

The Netherlands, with a CAGR of +82.5%, 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

The average hexamethylenediamine and ethylenediamine export price stood at $X per ton in 2021, with an increase of 24% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The growth pace was the most rapid in 2019 an increase of 73%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Ireland ($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 Nigeria (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Hexamethylenediamine And Ethylenediamine Imports

Imports into the UK

For the fourth year in a row, the UK recorded decline in supplies from abroad of hexamethylenediamine and its salts, ethylenediamine and its salts, which decreased by -42.3% to X tons in 2021. Over the period under review, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 8.6%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine imports fell markedly to $X in 2021. Overall, imports faced a deep slump. The pace of growth was the most pronounced in 2017 with an increase of 11% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of hexamethylenediamine and ethylenediamine to the UK, accounting for a 59% share of total imports. Moreover, hexamethylenediamine and ethylenediamine imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The third position in this ranking was held by the Netherlands (X tons), with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium amounted to +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+13.5% per year) and the Netherlands (-25.5% per year).

In value terms, the largest hexamethylenediamine and ethylenediamine suppliers to the UK were Belgium ($X), Germany ($X) and Sweden ($X), together comprising 82% of total imports. These countries were followed by China, the Netherlands and Ireland, which together accounted for a further 14%.

Ireland, with a CAGR of +57.2%, recorded 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 more modest paces of growth.

Import Prices by Country

The average hexamethylenediamine and ethylenediamine import price stood at $X per ton in 2021, approximately mirroring the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 20% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+30.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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