Price for Amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51 in China - 2023
Contents:
- Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in China (FOB) - 2023
- Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in China (CIF) - 2022
- Exports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in China
- Imports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in China
Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in China (FOB) - 2023
The average export price for amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s stood at $4,308 per ton in December 2023, with an increase of 11% against the previous month. Overall, the export price, however, recorded a noticeable reduction. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 16% m-o-m. The export price peaked at $6,175 per ton in July 2023; however, from August 2023 to December 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was South Korea ($15,305 per ton), while the average price for exports to Spain ($2,779 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in China (CIF) - 2022
In 2022, the average import price for amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s amounted to $8,350 per ton, increasing by 6.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 45%. Over the period under review, average import prices reached the maximum at $9,021 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($94,624 per ton), while the price for India ($5,386 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+25.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in China
In 2022, the amount of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s exported from China reduced sharply to 27K tons, with a decrease of -20.5% against 2021 figures. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 17%.
In value terms, exports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s dropped sharply to $168M in 2022. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 27%.
| Export of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 18.0 | 21.8 | 23.5 | 18.2 | 0.4% |
| Indonesia | 39.2 | 17.2 | 23.8 | 17.6 | -23.4% |
| Taiwan (Chinese) | 22.5 | 12.3 | 21.9 | 17.1 | -8.7% |
| Japan | 14.6 | 14.3 | 15.2 | 16.7 | 4.6% |
| United States | 23.7 | 17.4 | 16.3 | 12.9 | -18.4% |
| India | 28.1 | 10.6 | 20.6 | 12.7 | -23.3% |
| Brazil | 18.9 | 9.4 | 14.3 | 11.9 | -14.3% |
| Germany | 29.3 | 11.5 | 17.2 | 9.8 | -30.6% |
| Spain | 24.3 | 8.6 | 8.2 | 9.4 | -27.1% |
| Russia | 10.7 | 4.7 | 7.8 | 7.7 | -10.4% |
| Italy | 8.2 | 7.0 | 4.8 | 7.0 | -5.1% |
| United Kingdom | 6.5 | 3.7 | 2.9 | 7.0 | 2.5% |
| Netherlands | 17.5 | 5.6 | 4.7 | 2.9 | -45.1% |
| Others | 15.9 | 13.5 | 19.2 | 17.0 | 2.3% |
| Total | 277 | 158 | 200 | 168 | -15.4% |
Top Export Markets for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 from China in 2022:
- India (3.0K tons)
- Japan (2.7K tons)
- Taiwan (Chinese) (2.4K tons)
- Brazil (2.3K tons)
- Indonesia (2.3K tons)
- United Kingdom (2.2K tons)
- Germany (1.7K tons)
- Spain (1.6K tons)
- United States (1.5K tons)
- Russia (1.4K tons)
- South Korea (1.2K tons)
- Italy (0.8K tons)
- Netherlands (0.6K tons)
Imports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in China
In 2022, supplies from abroad of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s decreased by -33.8% to 5.8K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +2.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +6.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, imports attained the peak of 8.7K tons, and then reduced notably in the following year.
In value terms, imports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s fell markedly to $48M in 2022. In general, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 32%. As a result, imports attained the peak of $68M, and then fell remarkably in the following year.
| Import of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 10.5 | 7.0 | 18.6 | 18.6 | 21.0% |
| Japan | 24.4 | 35.1 | 25.3 | 12.5 | -20.0% |
| South Korea | 5.8 | 4.0 | 16.4 | 9.9 | 19.5% |
| United States | 1.4 | 1.8 | 3.3 | 2.4 | 19.7% |
| Switzerland | 2.0 | 1.9 | 2.4 | 2.4 | 6.3% |
| Taiwan (Chinese) | 0.5 | 0.8 | 0.7 | 1.2 | 33.9% |
| France | 1.0 | 0.7 | 1.2 | 0.7 | -11.2% |
| Others | 0.5 | 0.2 | 0.3 | 0.4 | -7.2% |
| Total | 46.1 | 51.5 | 68.2 | 48.1 | 1.4% |
Top Suppliers of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 to China in 2022:
- India (3452.6 tons)
- Japan (1307.3 tons)
- Switzerland (383.3 tons)
- United States (280.1 tons)
- Taiwan (Chinese) (115.6 tons)
- South Korea (104.4 tons)
- France (77.6 tons)
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