Uruguay: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Uruguay

The Uruguayan hexamethylenediamine and ethylenediamine market skyrocketed to $X in 2021, growing by 89% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate strong growth. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Uruguay

In 2021, shipments abroad of hexamethylenediamine and its salts, ethylenediamine and its salts increased by 114% to X kg for the first time since 2016, thus ending a four-year declining trend. Overall, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 11,413%. 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, hexamethylenediamine and ethylenediamine exports skyrocketed to $X in 2021. Over the period under review, exports, however, faced a significant decrease. The pace of growth was the most pronounced in 2016 with an increase of 9,152% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Austria (X kg) and Panama (X kg) were the main destinations of hexamethylenediamine and ethylenediamine exports from Uruguay.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of 0.0%).

In value terms, Panama ($X) and Austria ($X) constituted the largest markets for hexamethylenediamine and ethylenediamine exported from Uruguay worldwide.

Austria, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average hexamethylenediamine and ethylenediamine export price stood at $X per ton in 2021, falling by -21.4% against the previous year. In general, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2018 an increase of 34% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Panama ($X per ton), while the average price for exports to Austria totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (-3.1%).

Hexamethylenediamine And Ethylenediamine Imports

Imports into Uruguay

In 2021, the amount of hexamethylenediamine and its salts, ethylenediamine and its salts imported into Uruguay skyrocketed to X tons, growing by 156% on 2020 figures. Over the period under review, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of 237% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, hexamethylenediamine and ethylenediamine imports stood at $X in 2021. In general, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2015 with an increase of 133% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), the UK (X tons) and China (X kg) were the main suppliers of hexamethylenediamine and ethylenediamine imports to Uruguay, with a combined 59% share of total imports. Germany and the United States lagged somewhat behind, together comprising a further 3.7%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +45.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), China ($X) and the UK ($X) constituted the largest hexamethylenediamine and ethylenediamine suppliers to Uruguay, together comprising 61% of total imports. Germany and the United States lagged somewhat behind, together comprising a further 5.1%.

Among the main suppliers, Germany, with a CAGR of +42.8%, recorded the highest rates of growth with regard to the value of imports, 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, reducing by -56.1% against the previous year. Overall, the import price, however, saw a strong expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 295%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+42.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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