Price for Amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its salts in China - 2023

Contents:

  1. Price for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in China (CIF) - 2023
  2. Price for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in China (FOB) - 2023
  3. Imports of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in China
  4. Exports of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in China

Price for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in China (CIF) - 2023

The average import price for amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its saltses stood at $2,733 per ton in December 2023, almost unchanged from the previous month. In general, the import price, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in November 2023 an increase of 20% m-o-m. Over the period under review, average import prices attained the peak figure at $4,052 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($3,030 per ton), while the price for the United States stood at $2,739 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (-2.4%).

Price for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in China (FOB) - 2023

In December 2023, the average export price for amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its saltses amounted to $4,170 per ton, growing by 22% against the previous month. Overall, export price indicated a modest increase from December 2022 to December 2023: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its saltses increased by +50.2% against September 2023 indices. The growth pace was the most rapid in July 2023 an increase of 22% against the previous month. The export price peaked in December 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($8,135 per ton), while the average price for exports to Japan ($3,148 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in China

In 2022, purchases abroad of amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its saltses decreased by -42.7% to 24K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, imports reached the peak of 60K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its saltses dropped dramatically to $82M in 2022. Over the period under review, imports continue to indicate a abrupt slump. The smallest decline of -7.5% was in 2020.

Import of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States96.510489.552.4-18.4%
Germany9.59.79.720.629.4%
France41.022.527.48.9-39.9%
United Kingdom7.24.7N/AN/A-34.7%
Others0.32.20.1N/A-42.3%
Total15414312782.0-18.9%

Top Suppliers of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts to China in 2022:

  1. United States (15.1K tons)
  2. Germany (6.4K tons)
  3. France (2.9K tons)

Exports of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in China

Exports of amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its saltses from China expanded markedly to 5.4K tons in 2022, with an increase of 14% on 2021 figures. Overall, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 241% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its saltses rose markedly to $21M in 2022. Over the period under review, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 364%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)0.60.71.29.8153.7%
JapanN/A0.26.97.0491.6%
South Korea14.81.02.72.3-46.2%
India0.70.10.50.70.0%
United Arab EmiratesN/A1.5N/A0.3-55.3%
GermanyN/AN/A6.70.1-98.5%
Others0.60.40.80.914.5%
Total16.74.118.921.07.9%

Top Export Markets for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts from China in 2022:

  1. Taiwan (Chinese) (2333.6 tons)
  2. Japan (2097.8 tons)
  3. South Korea (430.3 tons)
  4. India (162.7 tons)
  5. United Arab Emirates (113.5 tons)
  6. Germany (21.0 tons)

Source: IndexBox Market Intelligence Platform

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