Indonesia: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Indonesia

After two years of growth, the Indonesian hexamethylenediamine and ethylenediamine market decreased by X% to $X in 2023. Over the period under review, the total consumption indicated tangible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. Hexamethylenediamine and ethylenediamine consumption peaked at $X in 2022, and then contracted sharply in the following year.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Indonesia

In 2023, overseas shipments 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. Over the period under review, exports showed a deep setback. The pace of growth appeared the most rapid in 2022 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, hexamethylenediamine and ethylenediamine exports declined significantly to $X in 2023. In general, exports recorded a pronounced curtailment. The growth pace was the most rapid in 2022 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then contracted notably in the following year.

Exports by Country

Singapore (X tons) was the main destination for hexamethylenediamine and ethylenediamine exports from Indonesia, accounting for a X% share of total exports. It was followed by Timor-Leste (X kg), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of volume to Singapore amounted to X%.

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

From 2012 to 2023, the average annual growth rate of value to Singapore totaled X%.

Export Prices by Country

In 2023, the average hexamethylenediamine and ethylenediamine export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price posted strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Timor-Leste (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hexamethylenediamine And Ethylenediamine Imports

Imports into Indonesia

In 2023, after two years of growth, there was significant decline in supplies from abroad of hexamethylenediamine and its salts, ethylenediamine and its salts, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then shrank dramatically in the following year.

In value terms, hexamethylenediamine and ethylenediamine imports contracted markedly to $X in 2023. In general, imports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then dropped dramatically in the following year.

Imports by Country

Belgium (X tons), South Korea (X tons) and Sweden (X tons) were the main suppliers of hexamethylenediamine and ethylenediamine imports to Indonesia, together comprising X% of total imports. China, Japan, India, Saudi Arabia, the United States and Singapore lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hexamethylenediamine and ethylenediamine suppliers to Indonesia were Belgium ($X), South Korea ($X) and Japan ($X), with a combined X% share of total imports. Sweden, China, India, the United States, Saudi Arabia and Singapore lagged somewhat behind, together comprising a further X%.

Among the main suppliers, India, with a CAGR of X%, saw 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, picking up by X% against the previous year. Overall, import price indicated a measured increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, hexamethylenediamine and ethylenediamine import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked in 2023 and is expected to retain growth in the immediate term.

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 ($X per ton), while the price for Saudi Arabia ($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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform