Price for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Ethylenediamine and Its Salts in Saudi Arabia - 2022
Contents:
- Price for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Ethylenediamine and Its Salts in Saudi Arabia (FOB) - 2022
- Exports of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Ethylenediamine and Its Salts in Saudi Arabia
Price for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Ethylenediamine and Its Salts in Saudi Arabia (FOB) - 2022
The average export price for amine-function compounds; acyclic polyamines and their derivatives, ethylenediamine and its saltses stood at $4,190 per ton in 2022, growing by 80% against the previous year. Over the period under review, the export price showed buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($4,640 per ton) and Singapore ($4,566 per ton), while the average price for exports to India ($3,924 per ton) and China ($3,960 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Ethylenediamine and Its Salts in Saudi Arabia
In 2022, the amount of amine-function compounds; acyclic polyamines and their derivatives, ethylenediamine and its saltses exported from Saudi Arabia fell rapidly to 51K tons, reducing by -22.6% compared with the previous year's figure. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 74%. As a result, the exports attained the peak of 66K tons, and then fell rapidly in the following year.
In value terms, exports of amine-function compounds; acyclic polyamines and their derivatives, ethylenediamine and its saltses surged to $215M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 79%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Ethylenediamine and Its Salts in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 31.9 | 32.4 | 56.4 | 79.2 | 35.4% |
| India | 22.9 | 22.1 | 34.6 | 48.6 | 28.5% |
| Singapore | 7.8 | 16.4 | 24.9 | 35.0 | 64.9% |
| Belgium | 0.8 | 0.2 | 16.4 | 23.0 | 206.3% |
| China | 4.6 | 7.5 | 13.6 | 19.0 | 60.4% |
| Netherlands | 1.3 | 7.2 | 6.3 | 8.9 | 89.9% |
| Others | 1.6 | 0.3 | 2.3 | 1.5 | -2.1% |
| Total | 71.0 | 86.2 | 155 | 215 | 44.7% |
Top Export Markets for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Ethylenediamine and Its Salts from Saudi Arabia in 2022:
- South Korea (19.2K tons)
- India (12.4K tons)
- Singapore (7.7K tons)
- Belgium (5.0K tons)
- China (4.8K tons)
- Netherlands (2.0K tons)
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