Price for Amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51 in Hong Kong SAR - 2023

Contents:

  1. Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Hong Kong SAR (FOB) - 2022
  2. Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Hong Kong SAR (CIF) - 2022
  3. Exports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Hong Kong SAR
  4. Imports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Hong Kong SAR

Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Hong Kong SAR (FOB) - 2022

The average export price for amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s stood at $17,314 per ton in 2022, declining by -56.1% against the previous year. Overall, the export price, however, recorded strong growth. The most prominent rate of growth was recorded in 2014 an increase of 622% against the previous year. The export price peaked at $83,885 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($253,208 per ton), while the average price for exports to China stood at $7,694 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+37.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Hong Kong SAR (CIF) - 2022

The average import price for amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s stood at $56,360 per ton in 2022, jumping by 76% against the previous year. In general, the import price continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 132%. As a result, import price reached the peak level of $190,951 per ton. From 2015 to 2022, the average 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 Italy ($174,663 per ton), while the price for China ($25,966 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Hong Kong SAR

In 2022, shipments abroad of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s increased by 2,872% to 29 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s skyrocketed to $494K in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.75.04.2217403.5%
Vietnam19.2N/AN/AN/A0%
BrazilN/A1.9N/AN/A0%
Others11.838.933.6277186.3%
Total32.745.837.8494147.2%

Top Export Markets for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 from Hong Kong SAR in 2022:

  1. China (28.2 tons)

Imports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Hong Kong SAR

After three years of growth, overseas purchases of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s decreased by -77.6% to 2.1 tons in 2022. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 70%. As a result, imports reached the peak of 9.5 tons, and then dropped rapidly in the following year.

In value terms, imports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s contracted markedly to $120K in 2022. In general, imports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, imports attained the peak of $304K, and then fell sharply in the following year.

Import of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India16115416858.5-28.6%
Italy28.88.3N/A52.422.1%
China1.7N/A81.24.639.3%
Japan19.0N/A49.74.1-40.0%
South Korea39.40.12.50.1-86.4%
United StatesN/A19.7N/AN/A0%
Others4.49.13.4N/A-12.1%
Total254192304120-22.1%

Top Suppliers of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 to Hong Kong SAR in 2022:

  1. India (1593.0 kg)
  2. Italy (300.0 kg)
  3. China (177.0 kg)
  4. Japan (50.0 kg)
  5. South Korea (3.0 kg)

Source: IndexBox Market Intelligence Platform

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