Singapore: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Singapore

In 2022, the Singaporean hexamethylenediamine and ethylenediamine market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption saw a noticeable descent. Hexamethylenediamine and ethylenediamine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Hexamethylenediamine And Ethylenediamine Production in Singapore

In value terms, hexamethylenediamine and ethylenediamine production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, faced a deep slump. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Hexamethylenediamine and ethylenediamine production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Singapore

In 2022, shipments abroad of hexamethylenediamine and its salts, ethylenediamine and its salts was finally on the rise to reach X tons after three years of decline. Overall, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, hexamethylenediamine and ethylenediamine exports soared to $X in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for hexamethylenediamine and ethylenediamine exports from Singapore, accounting for a X% share of total exports. Moreover, hexamethylenediamine and ethylenediamine exports to China exceeded the volume sent to the second major destination, Vietnam (X tons), twofold. The third position in this ranking was taken by Malaysia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Malaysia (X% per year).

In value terms, the largest markets for hexamethylenediamine and ethylenediamine exported from Singapore were China ($X), Vietnam ($X) and Malaysia ($X), together comprising X% of total exports. India, Thailand, Indonesia and South Korea lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Thailand, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hexamethylenediamine and ethylenediamine export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price showed a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to India ($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 Indonesia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hexamethylenediamine And Ethylenediamine Imports

Imports into Singapore

In 2022, imports of hexamethylenediamine and its salts, ethylenediamine and its salts into Singapore contracted slightly to X tons, reducing by X% compared with the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, hexamethylenediamine and ethylenediamine imports surged to $X in 2022. Over the period under review, imports recorded a slight downturn. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest hexamethylenediamine and ethylenediamine supplier to Singapore, 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, Saudi Arabia (X tons), threefold.

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: Saudi Arabia (X% per year) and the Netherlands (X% per year).

In value terms, the United States ($X) constituted the largest supplier of hexamethylenediamine and its salts, ethylenediamine and its salts to Singapore, comprising X% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with an X% share of total imports.

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

Import Prices by Country

The average hexamethylenediamine and ethylenediamine import price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the import price, however, saw a slight downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Saudi Arabia ($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 Netherlands (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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