Thailand: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Thailand

The Thai hexamethylenediamine and ethylenediamine market skyrocketed to $X in 2022, picking up 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). Overall, consumption continues to indicate a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Thailand

In 2022, approx. X tons of hexamethylenediamine and its salts, ethylenediamine and its salts were exported from Thailand; with an increase of X% compared with the year before. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, hexamethylenediamine and ethylenediamine exports surged to $X in 2022. In general, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia (X tons) was the main destination for hexamethylenediamine and ethylenediamine exports from Thailand, with a X% share of total exports. Moreover, hexamethylenediamine and ethylenediamine exports to Malaysia exceeded the volume sent to the second major destination, Bangladesh (X tons), threefold. The third position in this ranking was held by Myanmar (X tons), with a X% share.

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

In value terms, Bangladesh ($X) remains the key foreign market for hexamethylenediamine and its salts, ethylenediamine and its salts exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with an X% share of total exports. It was followed by Myanmar, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bangladesh stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Myanmar (X% per year).

Export Prices by Country

The average hexamethylenediamine and ethylenediamine export price stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price recorded a deep downturn. The growth pace was the most rapid in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then dropped sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while the average price for exports to Malaysia ($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 Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hexamethylenediamine And Ethylenediamine Imports

Imports into Thailand

In 2022, approx. X tons of hexamethylenediamine and its salts, ethylenediamine and its salts were imported into Thailand; with an increase of X% compared with 2021. Over the period under review, imports posted strong growth. The pace of growth was the most pronounced in 2015 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, hexamethylenediamine and ethylenediamine imports surged to $X in 2022. Overall, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Japan (X tons) constituted the largest hexamethylenediamine and ethylenediamine supplier to Thailand, with a X% share of total imports. Moreover, hexamethylenediamine and ethylenediamine imports from Japan exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the largest hexamethylenediamine and ethylenediamine suppliers to Thailand were Japan ($X), Belgium ($X) and China ($X), together accounting for X% of total imports. India, Saudi Arabia, the United States, Taiwan (Chinese), Germany, France and the Netherlands lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Taiwan (Chinese), 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 more modest paces of growth.

Import Prices by Country

The average hexamethylenediamine and ethylenediamine import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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