United Kingdom: Methylamine Market 2024

Methylamine Market Size in the UK

After two years of growth, the UK methylamine market decreased by X% to $X in 2022. Over the period under review, consumption saw a abrupt downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Methylamine Production in the UK

In value terms, methylamine production stood at $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Methylamine Exports

Exports from the UK

In 2022, exports of methylamine, di- or trimethylamine and their salts from the UK surged to X tons, picking up by X% compared with the previous year. In general, exports saw pronounced growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, methylamine exports declined markedly to $X in 2022. Over the period under review, exports, however, showed a pronounced reduction. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Honduras (X tons) was the main destination for methylamine exports from the UK, accounting for a X% share of total exports. Moreover, methylamine exports to Honduras exceeded the volume sent to the second major destination, Indonesia (X tons), threefold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Honduras was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, Honduras ($X), France ($X) and Taiwan (Chinese) ($X) were the largest markets for methylamine exported from the UK worldwide, together comprising X% of total exports. Switzerland, Finland, Ireland, Japan, the United States, Indonesia and Germany lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Indonesia, with a CAGR of X%, recorded the highest growth rate of 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 2022, the average methylamine export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, 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 France ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Methylamine Imports

Imports into the UK

Methylamine imports into the UK contracted notably to X tons in 2022, shrinking by X% compared with the previous year. In general, imports recorded a dramatic downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, methylamine imports reduced markedly to $X in 2022. Overall, imports saw a sharp setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Belgium (X tons), Germany (X tons) and India (X tons) were the main suppliers of methylamine imports to the UK, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the largest methylamine suppliers to the UK were Belgium ($X), Germany ($X) and India ($X), together accounting for X% of total imports.

Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average methylamine import price stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price showed a deep contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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