Price for Amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51 in Norway - 2024

Contents:

1. Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Norway (FOB) - 2024
2. Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Norway (CIF) - 2022
3. Exports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Norway
4. Imports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Norway

Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Norway (FOB) - 2024

The average export price for amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s stood at $4,954 per ton in January 2024, standing approximately at the previous month. Over the period under review, the export price, however, showed a slight decrease. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 13% month-to-month. As a result, the export price attained the peak level of $6,807 per ton. From May 2023 to January 2024, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In January 2024, the countries with the highest prices were Peru ($6,639 per ton) and the United Arab Emirates ($4,854 per ton), while the average price for exports to Malaysia ($4,724 per ton) and Indonesia ($4,739 per ton) were amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+0.2%), 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 Norway (CIF) - 2022

The average import price for amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s stood at $10,221 per ton in 2022, jumping by 30% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s increased by +37.1% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 66% against the previous year. As a result, import price attained the peak level of $13,162 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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 France ($21,896 per ton), while the price for Switzerland ($4,788 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.1%), 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 Norway

In 2022, approx. 315 tons of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s were exported from Norway; growing by 27% compared with 2021. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 148% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, exports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s surged to $2.1M in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 124%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

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

1. Egypt (187.2 tons)
2. Indonesia (43.2 tons)
3. Saudi Arabia (28.8 tons)
4. United Arab Emirates (28.8 tons)
5. United Kingdom (26.2 tons)

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

In 2022, supplies from abroad of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s increased by 645% to 33 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s skyrocketed to $337K in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Netherlands (27.9 tons)
2. Italy (2.1 tons)
3. United States (1.3 tons)
4. France (0.6 tons)
5. Germany (0.6 tons)
6. Japan (0.2 tons)
7. Switzerland (0.1 tons)

Source: IndexBox Market Intelligence Platform