Vietnam: Hexamethylenediamine And Ethylenediamine Market 2024

Hexamethylenediamine And Ethylenediamine Market Size in Vietnam

The Vietnamese hexamethylenediamine and ethylenediamine market dropped modestly to $X in 2022, reducing 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). Over the period under review, consumption, however, posted a prominent expansion. Hexamethylenediamine and ethylenediamine consumption peaked at $X in 2021, and then reduced in the following year.

Hexamethylenediamine And Ethylenediamine Exports

Exports from Vietnam

In 2022, the amount of hexamethylenediamine and its salts, ethylenediamine and its salts exported from Vietnam soared to X tons, picking up by X% compared with the previous year's figure. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, hexamethylenediamine and ethylenediamine exports soared to $X in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for hexamethylenediamine and ethylenediamine exports from Vietnam, accounting for a X% share of total exports. Moreover, hexamethylenediamine and ethylenediamine exports to the United States exceeded the volume sent to the second major destination, China (X tons), threefold. Mexico (X tons) ranked third in terms of total exports with a X% share.

From 2014 to 2022, the average annual rate of growth in terms of volume to the United States totaled X.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Mexico (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for hexamethylenediamine and its salts, ethylenediamine and its salts exports from Vietnam, comprising X% of total exports. The second position in the ranking was taken by China ($X), with an X% share of total exports. It was followed by Mexico, with a X% share.

From 2014 to 2022, the average annual rate of growth in terms of value to the United States stood at X.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Mexico (X% per year).

Export Prices by Country

In 2022, the average hexamethylenediamine and ethylenediamine export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price showed strong growth. The growth pace was the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Mexico ($X per ton) and the United States ($X per ton), while the average price for exports to Cambodia ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hexamethylenediamine And Ethylenediamine Imports

Imports into Vietnam

In 2022, approx. X tons of hexamethylenediamine and its salts, ethylenediamine and its salts were imported into Vietnam; waning by X% compared with 2021 figures. Over the period under review, imports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then fell markedly in the following year.

In value terms, hexamethylenediamine and ethylenediamine imports skyrocketed to $X in 2022. Overall, imports, however, posted a strong expansion. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Belgium (X tons), Saudi Arabia (X tons) and India (X tons) were the main suppliers of hexamethylenediamine and ethylenediamine imports to Vietnam, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hexamethylenediamine and ethylenediamine suppliers to Vietnam were Belgium ($X), Saudi Arabia ($X) and India ($X), with a combined X% share of total imports.

In terms of the main suppliers, India, with a CAGR of X%, recorded the highest growth rate of 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, growing by X% against the previous year. Over the period under review, the import price showed temperate growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($X per ton) and Japan ($X per ton), while the price for China ($X per ton) and Belgium ($X per ton) were 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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