Which Country Exports the Most Oxygen-Function Amino-Compounds in the World?

Basic Chemicals May 28, 2018
Author: Anna Sergeeva
Market Analyst

Which Country Exports the Most Oxygen-Function Amino-Compounds in the World?

IndexBox has just published a new report "World: Oxygen-Function Amino-Compounds - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the amount of oxygen-function amino-compound imported worldwide amounted to 6.5M tonnes, rising by 4% against the previous year level. The total import volume increased at an average annual rate of +2.4% over the period from 2007 to 2016- the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2013, when import increased by 4% y-o-y. Over the period under review, global oxygen-function amino-compound imports attained its maximum volume in 2016, and are likely to see steady growth in the immediate term.

In value terms, oxygen-function amino-compound imports stood at $18B in 2016. The total import value increased at an average annual rate of +2.5% over the period from 2007 to 2016- the trend pattern indicated some noticeable fluctuations in certain years. Global oxygen-function amino-compound import peaked of $21B in 2012- however, from 2013 to 2016, it failed to regain its strength.

Top Oxygen-Function Amino-Compound Importing Countries in the World

1. Germany (3,282.1 million USD)

2. Belgium (3,241.4 million USD)

3. USA (2,317.5 million USD)

4. Japan (665.3 million USD)

5. India (569.3 million USD)

6. Netherlands (389.8 million USD)

7. China (376.2 million USD)

8. Spain (372.6 million USD)

9. Viet Nam (243.3 million USD)

10. Thailand (219.9 million USD)

11. Brazil (161.5 million USD)

12. Indonesia (147.4 million USD)

Oxygen-Function Amino-Compound Imports By Country

China (1.4M tonnes) represented the key importer of oxygen-function amino-compound in the world, recording 1.4M tonnes, which was near 22% of total imports in 2016. Indonesia (418K tonnes) ranks second globally in oxygen-function amino-compound imports with a 6% share, following Brazil (5%), and Germany (5%). The Netherlands (262K tonnes), Belgium (236K tonnes), Spain (220K tonnes), Japan (218K tonnes), Viet Nam (206K tonnes), the U.S. (204K tonnes), Thailand (188K tonnes), and India (181K tonnes) occupied the minor share of total imports.

China experienced a relatively flat trend pattern. At the same time, India (+11.6%), Viet Nam (+10.8%), Spain (+8.6%), Thailand (+8.4%), Belgium (+5.7%), Germany (+4.5%), Japan (+2.8%), Indonesia (+2.6%), the U.S. (+2.1%), and the Netherlands (+1.7%) displayed positive paces of growth. Moreover, India emerged as the fastest growing importer/exporter in the world, with a CAGR of +11.6% from 2007-2016. Brazil experienced a relatively flat trend pattern. From 2007 to 2016, the share of China increased by 2% percentage points, while India (-1.7%), Spain (-1.8%), and Viet Nam (-1.9%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($3.3B), Belgium ($3.2B) and the U.S. ($2.3B) were the countries with the highest levels of imports in 2016, with a combined 48% share of global imports. These countries were followed by Japan, India, the Netherlands, China, Spain, Viet Nam, Thailand, Brazil and Indonesia, which together accounted for a further 17%.

Viet Nam (+26.9% per year) recorded the highest growth rate of oxygen-function amino-compound imports, among the main importing countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Oxygen-Function Amino-Compound Import Prices By Country

In 2016, the average import price for oxygen-function amino-compound amounted to $2,819 per tonne, descending by -6.1% against the previous year. Overall, oxygen-function amino-compound import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when it surged by 15% year-to-year. Global oxygen-function amino-compound import peaked of $3,527 per tonne in 2012- however, from 2013 to 2016, it failed to regain its strength.

Import prices varied noticeably by country of destination. the country with the highest import prices was Belgium ($14 per kg), while China ($265 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of oxygen-function amino-compound import prices was attained by Viet Nam (+14.4% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global oxygen-function amino-compound market? Get the latest trends and insight from our report. It includes a wide range of statistics on

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  • oxygen-function amino-compound import
  • oxygen-function amino-compound export
  • oxygen-function amino-compound market forecast
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All data provided in this article covers the following product: HS Code 2922 - Oxygen-function amino-compounds.

Source: World: Oxygen-Function Amino-Compounds - Market Report. Analysis and Forecast to 2025