Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines Market

The article provides a detailed analysis of the global market for cyclanic, cyclenic, or cycloterpenic mono- or polyamines, and their derivatives and salts. It covers consumption trends, production statistics, import, and export data from 2012 to 2022, with a focus on key countries such as China, the United States, Germany, and the Czech Republic. The market is expected to continue growing, with both consumption and production volumes increasing over the next eight years. Import and export values are also projected to rise, indicating a positive outlook for the market in the coming years.

Market Forecast

Driven by increasing demand for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +3.0% for the period from 2022 to 2030, which is projected to bring the market volume to 446K tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +5.3% for the period from 2022 to 2030, which is projected to bring the market value to $4B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

In 2022, consumption of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof decreased by -1.9% to 353K tons for the first time since 2015, thus ending a six-year rising trend. In general, the total consumption indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at 360K tons in 2021, and then fell modestly in the following year.

The value of the market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof worldwide declined slightly to $2.6B in 2022, shrinking by -1.7% 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, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +78.5% against 2012 indices. Over the period under review, the global market hit record highs at $2.7B in 2021, and then declined in the following year.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (45K tons), the United States (44K tons) and India (29K tons), together accounting for 33% of global consumption. Germany, Nigeria, Brazil, Japan, South Korea, Spain, Canada, the Czech Republic, Thailand and Switzerland lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of thereof, amongst the main consuming countries, was attained by the Czech Republic (with a CAGR of +19.9%), while thereof for the other global leaders experienced more modest paces of growth.

In value terms, India ($471M), the United States ($305M) and China ($300M) constituted the countries with the highest levels of market value in 2022, with a combined 41% share of the global market. Nigeria, Germany, Japan, Switzerland, South Korea, Canada, Spain, Thailand, Brazil and the Czech Republic lagged somewhat behind, together comprising a further 31%.

The Czech Republic, with a CAGR of +18.2%, saw the highest rates of growth with regard to market size among the main consuming countries over the period under review, while thereof for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of cyclanic, cyclenic or cycloterpenic mono- or polyamines per capita consumption in 2022 were Switzerland (700 kg per 1000 persons), the Czech Republic (637 kg per 1000 persons) and Germany (345 kg per 1000 persons).

From 2012 to 2022, the most notable rate of growth in terms of thereof, amongst the main consuming countries, was attained by the Czech Republic (with a CAGR of +19.8%), while thereof for the other global leaders experienced more modest paces of growth.

Production

World Production of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

In 2022, production of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof decreased by -3.7% to 345K tons for the first time since 2015, thus ending a six-year rising trend. In general, the total production indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by 16%. Over the period under review, global production of attained the peak volume at 358K tons in 2021, and then dropped slightly in the following year.

In value terms, production of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof declined to $2.6B in 2022 estimated in export price. Overall, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 24% against the previous year. Over the period under review, global production of attained the maximum level at $2.7B in 2021, and then declined modestly in the following year.

Production By Country

The countries with the highest volumes of production in 2022 were China (80K tons), Germany (49K tons) and the Czech Republic (30K tons), together comprising 46% of global production. The United States, India, Nigeria, Japan, Brazil, Belgium, Canada, Taiwan (Chinese) and Saudi Arabia lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of thereof, amongst the leading producing countries, was attained by Nigeria (with a CAGR of +10.3%), while thereof for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

In 2022, approx. 145K tons of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof were imported worldwide; falling by -4.9% on the previous year's figure. The total import volume increased at an average annual rate of +3.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. As a result, imports reached the peak of 153K tons, and then declined in the following year.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof expanded sharply to $852M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. Global imports peaked in 2022 and are likely to continue growth in the near future.

Imports By Country

In 2022, the United States (22K tons), followed by Germany (13K tons), India (9.6K tons), Belgium (8.6K tons), China (7.6K tons) and Spain (6.8K tons) were the largest importers of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof, together constituting 46% of total imports. South Korea (6.4K tons), Italy (6.4K tons), Japan (6.3K tons), France (6.1K tons), Switzerland (5.4K tons), Indonesia (5K tons) and Thailand (4.6K tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +13.0%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($116M), China ($85M) and Germany ($72M) were the countries with the highest levels of imports in 2022, with a combined 32% share of global imports. India, Switzerland, Italy, Belgium, France, South Korea, Japan, Spain, Thailand and Indonesia lagged somewhat behind, together accounting for a further 41%.

Thailand, with a CAGR of +10.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

The average import price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof stood at $5,860 per ton in 2022, increasing by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. Over the period under review, average import prices hit record highs at $5,902 per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($11,195 per ton), while Indonesia ($2,473 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.4%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Global exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof fell to 138K tons in 2022, reducing by -9.1% compared with the previous year. The total export volume increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when exports increased by 18% against the previous year. Over the period under review, the global exports of attained the maximum at 152K tons in 2021, and then declined in the following year.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof amounted to $851M in 2022. The total export value increased at an average annual rate of +4.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 30% against the previous year. Over the period under review, the global exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports By Country

The shipments of the three major exporters of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof, namely China, Germany and the Czech Republic, represented more than two-thirds of total export. It was distantly followed by Belgium (11K tons) and Japan (8.2K tons), together committing a 14% share of total exports. The following exporters - the Netherlands (3.6K tons) and Taiwan (Chinese) (3.3K tons) - together made up 5% of total exports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +19.8%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, China ($295M), Germany ($208M) and the Czech Republic ($72M) constituted the countries with the highest levels of exports in 2022, together comprising 68% of global exports. Belgium, Japan, the Netherlands and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 18%.

Among the main exporting countries, Japan, with a CAGR of +19.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

In 2022, the average export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof amounted to $6,174 per ton, surging by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2021 an increase of 13%. The global export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($6,868 per ton), while the Czech Republic ($3,092 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform