United Kingdom: Hydrazine And Hydroxylamine Market 2023

Hydrazine And Hydroxylamine Market Size in the UK

The UK hydrazine and hydroxylamine market was finally on the rise to reach $X in 2021, after five years of decline. Over the period under review, consumption, however, recorded a abrupt decline. Hydrazine and hydroxylamine consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Hydrazine And Hydroxylamine Production in the UK

In value terms, hydrazine and hydroxylamine production reduced rapidly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 52%. As a result, production attained the peak level of $X, and then shrank remarkably in the following year.

Hydrazine And Hydroxylamine Exports

Exports from the UK

In 2021, overseas shipments of hydrazine and hydroxylamine and their inorganic salts decreased by -36.5% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 225%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, hydrazine and hydroxylamine exports dropped rapidly to $X in 2021. In general, exports showed a slight reduction. The pace of growth was the most pronounced in 2013 when exports increased by 192%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X tons), the Netherlands (X tons) and Kuwait (X tons) were the main destinations of hydrazine and hydroxylamine exports from the UK, with a combined 60% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +105.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) emerged as the key foreign market for hydrazine and hydroxylamine and their inorganic salts exports from the UK, comprising 34% of total exports. The second position in the ranking was held by Italy ($X), with a 14% share of total exports. It was followed by Kuwait, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands stood at -17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+92.5% per year) and Kuwait (+2.6% per year).

Export Prices by Country

In 2021, the average hydrazine and hydroxylamine export price amounted to $X per ton, dropping by -2.3% against the previous year. In general, the export price continues to indicate a slight slump. The growth pace was the most rapid in 2017 an increase of 20% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per ton), while the average price for exports to North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Hydrazine And Hydroxylamine Imports

Imports into the UK

In 2021, supplies from abroad of hydrazine and hydroxylamine and their inorganic salts decreased by -9.4% to X tons, falling for the sixth year in a row after four years of growth. Overall, imports recorded a deep contraction. The growth pace was the most rapid in 2013 with an increase of 41%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, hydrazine and hydroxylamine imports reached $X in 2021. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 28%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest hydrazine and hydroxylamine supplier to the UK, with a 57% share of total imports. Moreover, hydrazine and hydroxylamine imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. Spain (X tons) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+26.3% per year) and Spain (+35.1% per year).

In value terms, Germany ($X) constituted the largest supplier of hydrazine and hydroxylamine and their inorganic salts to the UK, comprising 56% of total imports. The second position in the ranking was held by Belgium ($X), with an 11% share of total imports. It was followed by South Korea, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at -6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+26.3% per year) and South Korea (+11.2% per year).

Import Prices by Country

In 2021, the average hydrazine and hydroxylamine import price amounted to $X per ton, increasing by 14% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 15%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; afterwards, it flattened through to 2021.

Prices varied noticeably country of origin: the country with the highest price was Ireland ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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