Price for Amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51 in India - 2023
Contents:
- Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in India (FOB) - 2022
- Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in India (CIF) - 2023
- Exports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in India
- Imports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in India
Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in India (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 $7,151 per ton, with an increase of 8.2% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 20%. Over the period under review, the average export prices reached the maximum at $8,000 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($16,762 per ton), while the average price for exports to Singapore ($1,010 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 UK (+9.3%), 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 India (CIF) - 2023
The average import price for amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s stood at $4,181 per ton in November 2023, declining by -10.3% against the previous month. Over the period under review, the import price, however, posted a modest expansion. The pace of growth appeared the most rapid in July 2023 an increase of 88% month-to-month. As a result, import price reached the peak level of $9,252 per ton. From August 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($6,152 per ton), while the price for Taiwan (Chinese) ($3,334 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced a decline.
Exports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in India
In 2022, the amount of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s exported from India dropped to 14K tons, with a decrease of -13.8% compared with the previous year. Overall, exports recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, the exports reached the peak of 17K tons, and then declined in the following year.
In value terms, exports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s declined to $103M in 2022. Over the period under review, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year.
| Export of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 40.0 | 18.6 | 31.8 | 31.1 | -8.0% |
| China | 14.1 | 12.9 | 28.6 | 22.4 | 16.7% |
| Japan | 8.7 | 3.6 | 6.7 | 6.5 | -9.3% |
| South Korea | 7.3 | 3.7 | 7.6 | 6.4 | -4.3% |
| Brazil | 8.7 | 5.7 | 3.5 | 4.7 | -18.6% |
| Netherlands | 5.5 | 3.0 | 5.2 | 4.0 | -10.1% |
| United Kingdom | 4.7 | 1.7 | 1.9 | 3.8 | -6.8% |
| Belgium | 4.0 | 1.4 | 3.1 | 3.5 | -4.4% |
| Germany | 7.3 | 6.5 | 5.7 | 3.4 | -22.5% |
| Taiwan (Chinese) | 3.8 | 3.1 | 3.4 | 3.1 | -6.6% |
| Saudi Arabia | 0.9 | 0.8 | 0.7 | 1.2 | 10.1% |
| Malaysia | 2.3 | 1.8 | 0.4 | 1.0 | -24.2% |
| Others | 16.1 | 11.9 | 11.2 | 11.3 | -11.1% |
| Total | 123 | 74.7 | 110 | 103 | -5.7% |
Top Export Markets for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 from India in 2022:
- United States (4.1K tons)
- China (3.9K tons)
- South Korea (1.2K tons)
- Japan (0.8K tons)
- Brazil (0.5K tons)
- Netherlands (0.5K tons)
- Taiwan (Chinese) (0.5K tons)
- Belgium (0.5K tons)
- Germany (0.4K tons)
- Saudi Arabia (0.3K tons)
- United Kingdom (0.2K tons)
- Malaysia (0.2K tons)
Imports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in India
In 2022, the amount of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s imported into India dropped significantly to 4.6K tons, with a decrease of -32.6% against 2021. In general, imports showed a noticeable slump. The pace of growth was the most pronounced in 2021 with an increase of 99%. As a result, imports reached the peak of 6.8K tons, and then declined notably in the following year.
In value terms, imports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s dropped rapidly to $28M in 2022. Over the period under review, imports recorded a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 80%.
| Import of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.4 | 12.6 | 25.5 | 19.3 | -8.7% |
| Japan | 1.2 | 1.8 | 3.0 | 4.1 | 50.6% |
| Singapore | N/A | N/A | 1.7 | 0.9 | -47.1% |
| Belgium | 0.3 | 0.6 | 0.6 | 0.7 | 32.6% |
| Germany | 1.3 | 1.2 | 0.8 | 0.6 | -22.7% |
| Saudi Arabia | N/A | 0.7 | 0.7 | 0.5 | -15.5% |
| United States | 3.0 | 0.5 | 0.3 | 0.4 | -48.9% |
| Hong Kong SAR | 1.5 | 0.3 | 0.1 | 0.1 | -59.5% |
| Others | 2.7 | 1.1 | 1.1 | 1.0 | -28.2% |
| Total | 35.2 | 18.9 | 33.9 | 27.6 | -7.8% |
Top Suppliers of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 to India in 2022:
- China (3055.6 tons)
- Japan (670.5 tons)
- Singapore (238.2 tons)
- Germany (163.9 tons)
- Saudi Arabia (121.0 tons)
- Belgium (117.2 tons)
- United States (35.5 tons)
- Hong Kong SAR (23.8 tons)
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