Price for Amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51 in Mexico - 2023

Contents:

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

Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Mexico (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 $8,181 per ton, with an increase of 4.1% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 47%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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 India ($11,641 per ton), while the price for China ($7,379 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.7%), 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 Mexico (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 $5,003 per ton, waning by -13.3% against the previous year. Over the period under review, the export price continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2014 an increase of 619% against the previous year. As a result, the export price reached the peak level of $49,358 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Guatemala.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +5,845.0% per year.

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

In 2022, purchases abroad of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s decreased by -13.2% to 470 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 42% against the previous year. As a result, imports reached the peak of 580 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s contracted to $3.8M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.7% 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 +63.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. As a result, imports attained the peak of $4.3M, and then shrank in the following year.

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

1. China (354.0 tons)
2. India (70.0 tons)
3. United States (41.9 tons)
4. Japan (2.6 tons)

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

Exports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s from Mexico soared to 13 tons in 2022, picking up by 17% compared with 2021. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 253%. As a result, the exports reached the peak of 16 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s totaled $63K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 208% against the previous year. As a result, the exports reached the peak of $81K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Guatemala (12.5 tons)

Source: IndexBox Market Intelligence Platform