Price for Amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51 in the United States - 2023
Contents:
- Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in the United States (CIF) - 2023
- Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in the United States (FOB) - 2022
- Imports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in the United States
- Exports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in the United States
Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in the United States (CIF) - 2023
The average import price for amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s stood at $6,871 per ton in December 2023, which is down by -25% against the previous month. Overall, the import price recorded a noticeable downturn. The pace of growth was the most pronounced in November 2023 an increase of 17% month-to-month. As a result, import price reached the peak level of $9,166 per ton, and then contracted dramatically in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was China ($10,834 per ton), while the price for Belgium ($3,930 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in the United States (FOB) - 2022
The average export price for amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s stood at $6,211 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 12% against the previous year. The export price peaked at $6,485 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($10,504 per ton), while the average price for exports to the UK ($3,666 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 Mexico (+8.1%), 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 the United States
In 2022, approx. 17K tons of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s were imported into the United States; with an increase of 2.3% on the previous year. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s skyrocketed to $148M in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 35.1 | 25.3 | 36.7 | 49.1 | 11.8% |
| Japan | 33.0 | 27.9 | 33.3 | 41.7 | 8.1% |
| China | 31.8 | 45.3 | 29.1 | 39.4 | 7.4% |
| Switzerland | 12.1 | 10.4 | 11.5 | 9.4 | -8.1% |
| Taiwan (Chinese) | 1.9 | 1.9 | 2.4 | 4.0 | 28.2% |
| Belgium | 4.3 | 1.4 | 2.0 | 1.9 | -23.8% |
| Others | 9.5 | 1.0 | 2.0 | 2.2 | -38.6% |
| Total | 128 | 113 | 117 | 148 | 5.0% |
Top Suppliers of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 to the United States in 2022:
- Japan (6.1K tons)
- India (5.4K tons)
- China (2.7K tons)
- Switzerland (1.8K tons)
- Taiwan (Chinese) (0.6K tons)
- Belgium (0.5K tons)
Exports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in the United States
In 2022, overseas shipments of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s decreased by -31.9% to 3.8K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of 5.5K tons, and then dropped rapidly in the following year.
In value terms, exports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s fell dramatically to $23M in 2022. In general, exports showed a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. As a result, the exports attained the peak of $34M, and then contracted dramatically in the following year.
| Export of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 11.6 | 13.2 | 15.3 | 6.9 | -15.9% |
| South Korea | 1.9 | 3.0 | 3.3 | 3.0 | 16.4% |
| Japan | 3.0 | 1.3 | 2.0 | 2.6 | -4.7% |
| China | 1.0 | 2.0 | 3.3 | 2.5 | 35.7% |
| Canada | 2.9 | 3.2 | 1.7 | 1.9 | -13.1% |
| Mexico | 1.2 | 1.1 | 1.9 | 1.7 | 12.3% |
| Taiwan (Chinese) | 1.1 | 1.0 | 1.3 | 0.9 | -6.5% |
| Australia | 1.3 | 1.0 | 1.7 | 0.6 | -22.7% |
| Germany | 0.9 | 0.9 | 1.2 | 0.5 | -17.8% |
| Others | 1.9 | 1.9 | 2.4 | 2.8 | 13.8% |
| Total | 27.0 | 28.4 | 34.2 | 23.4 | -4.7% |
Top Export Markets for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 from the United States in 2022:
- Belgium (1286.7 tons)
- South Korea (652.4 tons)
- China (463.2 tons)
- Japan (283.4 tons)
- Canada (227.1 tons)
- Mexico (161.7 tons)
- Taiwan (Chinese) (134.9 tons)
- Germany (109.5 tons)
- Australia (63.5 tons)
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