MENA: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in MENA

In 2022, the MENA's hexamethylenediamine and ethylenediamine market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, recorded a pronounced contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Hexamethylenediamine And Ethylenediamine Production in MENA

In value terms, hexamethylenediamine and ethylenediamine production declined slightly to $X in 2022 estimated in export price. Over the period under review, production showed a mild decline. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Hexamethylenediamine And Ethylenediamine Exports

Exports in MENA

In 2022, the amount of hexamethylenediamine and its salts, ethylenediamine and its salts exported in MENA declined dramatically to X tons, which is down by X% compared with 2021. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked at X tons in 2021, and then reduced remarkably in the following year.

In value terms, hexamethylenediamine and ethylenediamine exports contracted markedly to $X in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of export peaked at $X in 2021, and then dropped notably in the following year.

Exports by Country

The shipments of the one major exporters of hexamethylenediamine and its salts, ethylenediamine and its salts, namely Saudi Arabia, represented more than two-thirds of total export.

Saudi Arabia was also the fastest-growing in terms of the hexamethylenediamine and its salts, ethylenediamine and its salts exports, with a CAGR of X% from 2012 to 2022. Saudi Arabia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) also remains the largest hexamethylenediamine and ethylenediamine supplier in MENA.

In Saudi Arabia, hexamethylenediamine and ethylenediamine exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2015; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to X% per year.

Hexamethylenediamine And Ethylenediamine Imports

Imports in MENA

In 2022, supplies from abroad of hexamethylenediamine and its salts, ethylenediamine and its salts increased by X% to X tons, rising for the second year in a row after five years of decline. In general, imports, however, continue to indicate a pronounced setback. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, hexamethylenediamine and ethylenediamine imports soared to $X in 2022. Over the period under review, imports, however, showed a mild slump. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey represented the major importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by Israel (X tons), making up a X% share of total imports. The United Arab Emirates (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Turkey ($X), Israel ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports.

The United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated a pronounced increase 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, hexamethylenediamine and ethylenediamine import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Israel ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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