Eastern Europe: Aromatic Monoamines Market 2024

Aromatic Monoamines Market Size in Eastern Europe

The East European aromatic monoamines market stood at $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, continues to indicate a deep slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Aromatic Monoamines Production in Eastern Europe

In value terms, aromatic monoamines production shrank to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Aromatic Monoamines Exports

Exports in Eastern Europe

Aromatic monoamines exports contracted rapidly to X tons in 2022, reducing by X% compared with the year before. In general, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, aromatic monoamines exports reduced to $X in 2022. Over the period under review, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Slovakia was the major exporting country with an export of around X tons, which recorded X% of total exports. The Czech Republic (X tons) held the second position in the ranking, distantly followed by Poland (X tons), Russia (X tons) and Hungary (X tons). All these countries together held approx. X% share of total exports.

Slovakia was also the fastest-growing in terms of the other aromatic monoamines and their derivatives, salts thereof exports, with a CAGR of X% from 2012 to 2022. At the same time, Poland (X%), Hungary (X%) and Russia (X%) displayed positive paces of growth. The Czech Republic experienced a relatively flat trend pattern. While the share of Slovakia (X p.p.) and Poland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) and the Czech Republic (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Slovakia ($X) remains the largest aromatic monoamines supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Slovakia totaled X%. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Hungary (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, saw a deep slump. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced a decline in the export price figures.

Aromatic Monoamines Imports

Imports in Eastern Europe

Aromatic monoamines imports dropped to X tons in 2022, declining by X% compared with 2021 figures. Total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, aromatic monoamines imports declined to $X in 2022. Over the period under review, imports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2021, and then declined in the following year.

Imports by Country

Russia (X tons) and Poland (X tons) represented roughly X% of total imports in 2022. It was distantly followed by the Czech Republic (X tons), generating an X% share of total imports. The following importers - Hungary (X tons) and Belarus (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Russia ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

The Czech Republic, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aromatic monoamines import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hungary ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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