Belgium - Other Aromatic Monoamines And Their Derivatives, Salts Thereof - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Belgium - Other Aromatic Monoamines And Their Derivatives, Salts Thereof - Market Analysis, Forecast, Size, Trends And Insights

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Aromatic Monoamines Price in Belgium - 2023

Contents:

  1. Aromatic Monoamines Price in Belgium (FOB) - 2023
  2. Aromatic Monoamines Price in Belgium (CIF) - 2022
  3. Aromatic Monoamines Exports in Belgium
  4. Aromatic Monoamines Imports in Belgium

Aromatic Monoamines Price in Belgium (FOB) - 2023

The average aromatic monoamines export price stood at $6,249 per ton in July 2023, rising by 25% against the previous month. Overall, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in August 2022 when the average export price increased by 237% m-o-m. Over the period under review, the average export prices hit record highs at $12,467 per ton in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($15,753 per ton), while the average price for exports to the United States ($1,545 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+17.0%), while the prices for the other major destinations experienced mixed trend patterns.

Aromatic Monoamines Price in Belgium (CIF) - 2022

The average aromatic monoamines import price stood at $5,739 per ton in 2022, reducing by -3.6% against the previous year. Over the period under review, the import price saw a deep setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 122% against the previous year. Over the period under review, average import prices reached the peak figure at $34,655 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($12,285 per ton), while the price for Germany ($1,592 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Aromatic Monoamines Exports in Belgium

In 2022, approx. 22K tons of other aromatic monoamines and their derivatives, salts thereof were exported from Belgium; picking up by 8% on 2021 figures. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 79% against the previous year. As a result, the exports attained the peak of 24K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, aromatic monoamines exports fell to $129M in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 7.9%. As a result, the exports reached the peak of $147M, and then fell in the following year.

Export of Aromatic Monoamines in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany85.640.959.738.5-23.4%
United States14.319.610.631.029.4%
France0.838.644.429.9234.3%
SwitzerlandN/AN/A1.03.0200.0%
Others25.736.730.826.40.9%
Total1261361471290.8%

Top Export Markets for Aromatic Monoamines from Belgium in 2022:

  1. United States (17.1K tons)
  2. France (2.3K tons)
  3. Germany (1.8K tons)
  4. Switzerland (0.3K tons)

Aromatic Monoamines Imports in Belgium

In 2022, overseas purchases of other aromatic monoamines and their derivatives, salts thereof decreased by -9.3% to 20K tons, falling for the second year in a row after two years of growth. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 350%. As a result, imports reached the peak of 26K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, aromatic monoamines imports contracted to $118M in 2022. Over the period under review, imports saw a slight reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 22% against the previous year. As a result, imports reached the peak of $148M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Aromatic Monoamines in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10782.961.758.3-18.3%
Singapore3.320.329.719.781.4%
Germany7.824.321.218.633.6%
Italy0.311.518.916.6281.1%
IndiaN/AN/AN/A2.50%
Others2.78.63.01.9-11.1%
Total121148135118-0.8%

Top Suppliers of Aromatic Monoamines to Belgium in 2022:

  1. Germany (11.7K tons)
  2. United States (4.9K tons)
  3. Singapore (1.6K tons)
  4. Italy (1.5K tons)
  5. India (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aromatic monoamines market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20144159 - Other aromatic monoamines and their derivatives, salts thereof

Country coverage:

  • Belgium

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Belgium
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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