Colombia: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Colombia

The Colombian hexamethylenediamine and ethylenediamine market expanded modestly to $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a strong increase. Hexamethylenediamine and ethylenediamine consumption peaked in 2022 and is likely to see steady growth in the near future.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Colombia

In 2022, overseas shipments of hexamethylenediamine and its salts, ethylenediamine and its salts increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine exports surged to $X in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Venezuela (X tons), Bolivia (X tons) and Brazil (X kg) were the main destinations of hexamethylenediamine and ethylenediamine exports from Colombia, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Venezuela ($X) remains the key foreign market for hexamethylenediamine and its salts, ethylenediamine and its salts exports from Colombia, comprising X% of total exports. The second position in the ranking was held by Bolivia ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Venezuela amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (X% per year) and Brazil (X% per year).

Export Prices by Country

In 2022, the average hexamethylenediamine and ethylenediamine export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced contraction. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 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 Brazil ($X per ton), while the average price for exports to Bolivia ($X 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 Brazil (X%), while the prices for the other major destinations experienced mixed trend patterns.

Hexamethylenediamine And Ethylenediamine Imports

Imports into Colombia

In 2022, overseas purchases of hexamethylenediamine and its salts, ethylenediamine and its salts decreased by X% to X tons, falling for the third year in a row after three years of growth. Overall, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, hexamethylenediamine and ethylenediamine imports soared to $X in 2022. In general, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest hexamethylenediamine and ethylenediamine supplier to Colombia, with a X% share of total imports. Moreover, hexamethylenediamine and ethylenediamine imports from the United States exceeded the figures recorded by the second-largest supplier, Sweden (X tons), threefold. The third position in this ranking was taken by Belgium (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Belgium (X% per year).

In value terms, the United States ($X) constituted the largest supplier of hexamethylenediamine and its salts, ethylenediamine and its salts to Colombia, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with an X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average hexamethylenediamine and ethylenediamine import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price continues to indicate a perceptible expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per ton) and Belgium ($X per ton), while the price for Saudi Arabia ($X per ton) and Sweden ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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