Price for Amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51 in Brazil - 2024

Contents:

  1. Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Brazil (CIF) - 2024
  2. Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Brazil (FOB) - 2022
  3. Imports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Brazil
  4. Exports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Brazil

Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Brazil (CIF) - 2024

In January 2024, the average import price for amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s amounted to $8,382 per ton, with an increase of 106% against the previous month. Overall, import price indicated tangible growth from January 2023 to January 2024: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s increased by +106.1% against December 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($7,325 per ton), while the price for South Korea ($1,860 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Singapore (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Brazil (FOB) - 2022

In 2022, the average export price for amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s amounted to $9,878 per ton, increasing by 112% against the previous year. Over the period under review, the export price posted a measured expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 138% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($10,821 per ton), while the average price for exports to Mexico ($5,919 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+83.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Brazil

Imports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s into Brazil contracted slightly to 3.3K tons in 2022, with a decrease of -2.1% against the year before. Over the period under review, imports faced a abrupt setback.

In value terms, imports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s surged to $21M in 2022. Overall, imports continue to indicate a deep reduction.

Import of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.513.06.68.9-18.6%
India12.010.82.74.9-25.8%
SingaporeN/A2.24.54.746.2%
South KoreaN/AN/AN/A0.30%
Others0.60.60.32.254.2%
Total29.226.814.121.0-10.4%

Top Suppliers of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 to Brazil in 2022:

  1. China (1346.5 tons)
  2. Singapore (1160.0 tons)
  3. India (608.0 tons)
  4. South Korea (100.8 tons)

Exports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Brazil

For the fourth year in a row, Brazil recorded growth in shipments abroad of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s, which increased by 31% to 58 tons in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 264% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s skyrocketed to $571K in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A45.4N/A411200.9%
MexicoN/AN/AN/A71.70%
Bolivia15.720.615.930.925.3%
ArgentinaN/A5.212.713.561.1%
PeruN/A0.1N/A8.2805.5%
SpainN/AN/A172N/A0%
Colombia17.711.8N/AN/A-33.3%
Chile7.18.2N/AN/A15.5%
Others4.85.65.635.895.4%
Total45.396.8206571132.7%

Top Export Markets for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 from Brazil in 2022:

  1. United States (38.0 tons)
  2. Mexico (12.1 tons)
  3. Bolivia (3.8 tons)
  4. Argentina (2.1 tons)
  5. Peru (1.0 tons)

Source: IndexBox Market Intelligence Platform

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