Morocco: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Morocco

The Moroccan hexamethylenediamine and ethylenediamine market declined to $X in 2022, reducing by X% against the previous year. In general, consumption showed a mild shrinkage. Hexamethylenediamine and ethylenediamine consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Hexamethylenediamine And Ethylenediamine Production in Morocco

In value terms, hexamethylenediamine and ethylenediamine production fell to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Morocco

After two years of decline, shipments abroad of hexamethylenediamine and its salts, ethylenediamine and its salts decreased by X% to X kg in 2018. Overall, exports, however, continue to indicate a significant expansion. Over the period under review, the exports reached the maximum at X kg in 2017, and then shrank remarkably in the following year.

In value terms, hexamethylenediamine and ethylenediamine exports fell markedly to $X in 2018. Over the period under review, exports, however, recorded a significant increase. Over the period under review, the exports attained the maximum at $X in 2017, and then contracted sharply in the following year.

Exports by Country

Tunisia (X kg) was the main destination for hexamethylenediamine and ethylenediamine exports from Morocco, accounting for a X% share of total exports. Moreover, hexamethylenediamine and ethylenediamine exports to Tunisia exceeded the volume sent to the second major destination, Ethiopia (X kg), eightfold.

From 2015 to 2018, the average annual rate of growth in terms of volume to Tunisia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (X% per year) and Burkina Faso (X% per year).

In value terms, Tunisia ($X) remains the key foreign market for hexamethylenediamine and its salts, ethylenediamine and its salts exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by Ethiopia ($X), with a X% share of total exports.

From 2015 to 2018, the average annual growth rate of value to Tunisia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (X% per year) and Burkina Faso (X% per year).

Export Prices by Country

In 2018, the average hexamethylenediamine and ethylenediamine export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price continues to indicate significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2018, amid the top suppliers, the country with the highest price was Ethiopia ($X per ton), while the average price for exports to Tunisia ($X per ton) was amongst the lowest.

From 2015 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (X%).

Hexamethylenediamine And Ethylenediamine Imports

Imports into Morocco

In 2022, imports of hexamethylenediamine and its salts, ethylenediamine and its salts into Morocco reduced sharply to X kg, dropping by X% compared with the previous year. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine imports contracted notably to $X in 2022. Overall, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X kg), the Netherlands (X kg) and Spain (X kg) were the main suppliers of hexamethylenediamine and ethylenediamine imports to Morocco, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), Italy ($X) and India ($X) appeared to be the largest hexamethylenediamine and ethylenediamine suppliers to Morocco, with a combined X% share of total imports.

Among the main suppliers, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average hexamethylenediamine and ethylenediamine import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price recorded a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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