Ecuador: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Ecuador

The Ecuadorian hexamethylenediamine and ethylenediamine market declined sharply to $X in 2023, dropping by X% against the previous year. Over the period under review, consumption, however, saw a significant expansion. As a result, consumption attained the peak level of $X, and then shrank remarkably in the following year.

Hexamethylenediamine And Ethylenediamine Production in Ecuador

In value terms, hexamethylenediamine and ethylenediamine production expanded slightly to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2023, production stood at a somewhat lower figure.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Ecuador

In 2018, after three years of decline, there was significant decline in shipments abroad of hexamethylenediamine and its salts, ethylenediamine and its salts, when their volume decreased by X% to X tons. Over the period under review, exports recorded a sharp slump. The exports peaked at X tons in 2014; however, from 2015 to 2018, the exports stood at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine exports fell rapidly to $X in 2018. Overall, exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2018, the exports remained at a lower figure.

Exports by Country

Peru (X kg) was the main destination for hexamethylenediamine and ethylenediamine exports from Ecuador, with a X% share of total exports. Moreover, hexamethylenediamine and ethylenediamine exports to Peru exceeded the volume sent to the second major destination, Colombia (X kg), sevenfold.

From 2014 to 2018, the average annual rate of growth in terms of volume to Peru was relatively modest.

In value terms, Peru ($X) emerged as the key foreign market for hexamethylenediamine and its salts, ethylenediamine and its salts exports from Ecuador, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports.

From 2014 to 2018, the average annual growth rate of value to Peru was relatively modest.

Export Prices by Country

In 2018, the average hexamethylenediamine and ethylenediamine export price amounted to $X per ton, leveling off at the previous year. Over the period from 2014 to 2018, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017, and then fell slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Colombia amounted to $X per ton.

From 2014 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (X%).

Hexamethylenediamine And Ethylenediamine Imports

Imports into Ecuador

In 2023, purchases abroad of hexamethylenediamine and its salts, ethylenediamine and its salts decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then fell rapidly in the following year.

In value terms, hexamethylenediamine and ethylenediamine imports contracted rapidly to $X in 2023. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, imports attained the peak of $X, and then declined rapidly in the following year.

Imports by Country

Spain (X tons), the Netherlands (X tons) and India (X tons) were the main suppliers of hexamethylenediamine and ethylenediamine imports to Ecuador, together comprising X% of total imports. Peru, Germany, Colombia, the United States and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Colombia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Netherlands ($X) and Peru ($X) constituted the largest hexamethylenediamine and ethylenediamine suppliers to Ecuador, together comprising X% of total imports. The United States, India, Germany, Colombia and China lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Colombia, with a CAGR of X%, 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

In 2023, the average hexamethylenediamine and ethylenediamine import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price, however, saw a noticeable shrinkage. The pace of growth was the most pronounced in 2013 an increase of X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform