Saudi Arabia: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Saudi Arabia

The Saudi hexamethylenediamine and ethylenediamine market reduced rapidly to $X in 2023, with a decrease of X% against the previous year. In general, consumption showed a deep reduction. Hexamethylenediamine and ethylenediamine consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Hexamethylenediamine And Ethylenediamine Production in Saudi Arabia

In value terms, hexamethylenediamine and ethylenediamine production dropped markedly to $X in 2023 estimated in export price. Over the period under review, production enjoyed a perceptible increase. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then contracted significantly in the following year.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Saudi Arabia

In 2023, hexamethylenediamine and ethylenediamine exports from Saudi Arabia surged to X tons, with an increase of X% compared with the previous year. Overall, exports saw significant growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine exports dropped to $X in 2023. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2022, and then declined in the following year.

Exports by Country

South Korea (X tons), India (X tons) and Singapore (X tons) were the main destinations of hexamethylenediamine and ethylenediamine exports from Saudi Arabia, together accounting for X% of total exports. Belgium, China, the Netherlands and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for hexamethylenediamine and ethylenediamine exported from Saudi Arabia were South Korea ($X), India ($X) and Singapore ($X), together accounting for X% of total exports. Belgium, China, the Netherlands and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Belgium, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hexamethylenediamine and ethylenediamine export price stood at $X per ton in 2023, waning by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced remarkably in the following year.

Average prices varied noticeably for the major external markets. In 2023, amid the top suppliers, the countries with the highest prices were Belgium ($X per ton) and Singapore ($X per ton), while the average price for exports to India ($X per ton) and China ($X per ton) were amongst the lowest.

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

Hexamethylenediamine And Ethylenediamine Imports

Imports into Saudi Arabia

In 2016, approx. X tons of hexamethylenediamine and its salts, ethylenediamine and its salts were imported into Saudi Arabia; falling by X% against 2015 figures. In general, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, hexamethylenediamine and ethylenediamine imports fell remarkably to $X in 2016. Over the period under review, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports reached the peak of $X, and then contracted dramatically in the following year.

Imports by Country

In 2016, the United States (X tons) constituted the largest hexamethylenediamine and ethylenediamine supplier to Saudi Arabia, with a X% share of total imports. Moreover, hexamethylenediamine and ethylenediamine imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), eightfold.

From 2012 to 2016, the average annual growth rate of volume from the United States amounted to X%.

In value terms, the United States ($X) constituted the largest supplier of hexamethylenediamine and its salts, ethylenediamine and its salts to Saudi Arabia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2016, the average annual growth rate of value from the United States stood at X%.

Import Prices by Country

The average hexamethylenediamine and ethylenediamine import price stood at $X per ton in 2016, declining by X% against the previous year. In general, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2016, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform