European Union's Oxygen-Function Amino-Compounds Market to Reach 781K Tons and $23.3B in Value by 2035 - News and Statistics - IndexBox

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IndexBox has just published a new report: EU - Oxygen-Function Amino-Compounds - Market Analysis, Forecast, Size, Trends and Insights.

The European Union's market for oxygen-function amino-compounds is poised for growth over the next decade, with an anticipated CAGR of +2.6% in volume and +10.9% in value from 2024 to 2035. This upward consumption trend is driven by increasing demand, leading to accelerated market performance and expansion.

Driven by increasing demand for oxygen-function amino-compounds in the European Union, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +2.6% for the period from 2024 to 2035, which is projected to bring the market volume to 781K tons by the end of 2035.

In value terms, the market is forecast to increase with an anticipated CAGR of +10.9% for the period from 2024 to 2035, which is projected to bring the market value to $23.3B (in nominal wholesale prices) by the end of 2035.

In 2024, the amount of oxygen-function amino-compounds consumed in the European Union contracted to 591K tons, which is down by -11.2% on the previous year's figure. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, consumption attained the maximum volume at 813K tons in 2020; however, from 2021 to 2024, consumption failed to regain momentum.

The revenue of the oxygen-function amino-compound market in the European Union expanded notably to $7.5B in 2024, growing by 6.8% 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). In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $9B. From 2021 to 2024, the growth of the market failed to regain momentum.

The countries with the highest volumes of consumption in 2024 were Spain (117K tons), France (85K tons) and Italy (72K tons), together accounting for 46% of total consumption. Germany, Poland, Sweden, the Netherlands, Denmark, Bulgaria and Belgium lagged somewhat behind, together comprising a further 37%.

From 2013 to 2024, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Sweden (with a CAGR of +8.9%), while consumption for the other leaders experienced more modest paces of growth.

In value terms, the largest oxygen-function amino-compound markets in the European Union were Germany ($707M), Spain ($478M) and Belgium ($392M), together accounting for 21% of the total market. Italy, France, Sweden, Poland, Denmark, the Netherlands and Bulgaria lagged somewhat behind, together comprising a further 14%.

Sweden, with a CAGR of +7.3%, recorded the highest growth rate of market size among the main consuming countries over the period under review, while market for the other leaders experienced more modest paces of growth.

The countries with the highest levels of oxygen-function amino-compound per capita consumption in 2024 were Sweden (3.5 kg per person), Denmark (3 kg per person) and Spain (2.5 kg per person).

From 2013 to 2024, the biggest increases were recorded for Sweden (with a CAGR of +7.9%), while consumption for the other leaders experienced more modest paces of growth.

In 2024, production of oxygen-function amino-compounds decreased by -17.3% to 400K tons, falling for the third year in a row after two years of growth. Overall, production recorded a noticeable setback. The growth pace was the most rapid in 2014 with an increase of 13% against the previous year. Over the period under review, production reached the maximum volume at 701K tons in 2017; however, from 2018 to 2024, production failed to regain momentum.

In value terms, oxygen-function amino-compound production expanded modestly to $4.8B in 2024 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 46%. As a result, production attained the peak level of $7B. From 2021 to 2024, production growth remained at a lower figure.

Germany (199K tons) constituted the country with the largest volume of oxygen-function amino-compound production, accounting for 50% of total volume. Moreover, oxygen-function amino-compound production in Germany exceeded the figures recorded by the second-largest producer, Sweden (50K tons), fourfold. Belgium (49K tons) ranked third in terms of total production with a 12% share.

From 2013 to 2024, the average annual rate of growth in terms of volume in Germany stood at -4.5%. The remaining producing countries recorded the following average annual rates of production growth: Sweden (+5.5% per year) and Belgium (-0.1% per year).

In 2024, approx. 850K tons of oxygen-function amino-compounds were imported in the European Union; waning by -12.6% on the year before. Total imports indicated a pronounced expansion from 2013 to 2024: its volume increased at an average annual rate of +2.4% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, imports decreased by -21.7% against 2022 indices. The pace of growth was the most pronounced in 2020 when imports increased by 18% against the previous year. The volume of import peaked at 1.1M tons in 2022; however, from 2023 to 2024, imports failed to regain momentum.

In value terms, oxygen-function amino-compound imports shrank markedly to $3.9B in 2024. Over the period under review, imports showed a pronounced curtailment. The growth pace was the most rapid in 2016 when imports increased by 28%. The level of import peaked at $7.8B in 2018; however, from 2019 to 2024, imports stood at a somewhat lower figure.

The Netherlands (164K tons), Spain (111K tons), Belgium (111K tons), Germany (102K tons), France (94K tons), Italy (83K tons) and Poland (56K tons) represented roughly 85% of total imports in 2024.

From 2013 to 2024, the biggest increases were recorded for Poland (with a CAGR of +6.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($713M), Belgium ($524M) and the Netherlands ($465M) constituted the countries with the highest levels of imports in 2024, with a combined 44% share of total imports.

Belgium, with a CAGR of +8.3%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Amino-acids; their esters, (other than those containing more than one kind of oxygen function), n.e.s. in item no. 2922.4 (321K tons) and amino-alcohol-phenols, amino-acid-phenols and other amino-compounds with oxygen function (234K tons) represented roughly 65% of total imports in 2024. It was distantly followed by amino-alcohols, their ethers and esters; (other than those containing more than one kind of oxygen function), n.e.s. in item no. 2922.1 (104K tons), monoethanolamine and its salts (84K tons), triethanolamine and its salts (53K tons) and diethanolamine and its salts (39K tons), together creating a 33% share of total imports. Amino-naphthols and other amino-phenols; their ethers and esters, (other than those containing more than one kind of oxygen function), n.e.s. in item no. 2922.2 (14K tons) followed a long way behind the leaders.

From 2013 to 2024, the most notable rate of growth in terms of purchases, amongst the key imported products, was attained by amino-alcohol-phenols, amino-acid-phenols and other amino-compounds with oxygen function (with a CAGR of +6.0%), while imports for the other products experienced more modest paces of growth.

In value terms, the largest types of imported oxygen-function amino-compounds were amino-acids; their esters, (other than those containing more than one kind of oxygen function), n.e.s. in item no. 2922.4 ($1.4B), amino-alcohol-phenols, amino-acid-phenols and other amino-compounds with oxygen function ($1.3B) and amino-alcohols, their ethers and esters; (other than those containing more than one kind of oxygen function), n.e.s. in item no. 2922.1 ($745M), with a combined 88% share of total imports. Amino-naphthols and other amino-phenols; their ethers and esters, (other than those containing more than one kind of oxygen function), n.e.s. in item no. 2922.2, monoethanolamine and its salts, diethanolamine and its salts, amino-aldehydes, amino-ketones and amino-quinones; other than those containing more than one kind of oxygen function; salts thereof, excluding amfepramone (INN), methadone (INN), and normethadone (INN) and salts thereof, triethanolamine and its salts, amino-acids; their esters, (other than those containing more than one kind of oxygen function), anthranilic acid and its salts, amino-aldehydes, amino-ketones and amino-quinones; other than those containing more than one kind of oxygen function; salts thereof, amino-naphthols and other amino-phenols; their ethers and esters, (other than those containing more than one kind of oxygen function), aminohydroxynaphthalenesulphonic acids and their salts and amino-alcohols, other than those containing more than one kind of oxygen function;their ethers and esters; salts thereof; dextropropoxyphene (INN) and its salts lagged somewhat behind, together comprising a further 12%.

Amino-acids; their esters, (other than those containing more than one kind of oxygen function), anthranilic acid and its salts, with a CAGR of +9.5%, recorded the highest growth rate of the value of imports, in terms of the main imported products over the period under review, while purchases for the other products experienced more modest paces of growth.

The import price in the European Union stood at $4,576 per ton in 2024, with a decrease of -18.4% against the previous year. Overall, the import price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2016 when the import price increased by 17%. As a result, import price attained the peak level of $9,769 per ton. From 2017 to 2024, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major imported products. In 2024, the product with the highest price was amino-aldehydes, amino-ketones and amino-quinones; other than those containing more than one kind of oxygen function; salts thereof ($600,652 per ton), while the price for triethanolamine and its salts ($871 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by amino-acids; their esters, (other than those containing more than one kind of oxygen function), anthranilic acid and its salts (+9.8%), while the other products experienced more modest paces of growth.

The import price in the European Union stood at $4,576 per ton in 2024, which is down by -18.4% against the previous year. Overall, the import price saw a pronounced decline. The pace of growth was the most pronounced in 2016 an increase of 17% against the previous year. As a result, import price attained the peak level of $9,769 per ton. From 2017 to 2024, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($7,008 per ton), while Poland ($2,590 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Belgium (+6.7%), while the other leaders experienced a decline in the import price figures.

In 2024, shipments abroad of oxygen-function amino-compounds decreased by -16.6% to 659K tons, falling for the third consecutive year after six years of growth. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 15%. The volume of export peaked at 912K tons in 2021; however, from 2022 to 2024, the exports stood at a somewhat lower figure.

In value terms, oxygen-function amino-compound exports contracted notably to $2.8B in 2024. Over the period under review, exports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2016 with an increase of 60%. As a result, the exports attained the peak of $5.9B. From 2017 to 2024, the growth of the exports failed to regain momentum.

In 2024, Germany (240K tons), distantly followed by the Netherlands (158K tons), Belgium (144K tons) and France (30K tons) represented the main exporters of oxygen-function amino-compounds, together constituting 87% of total exports. The following exporters - Sweden (26K tons), Spain (17K tons) and Italy (11K tons) - together made up 8.2% of total exports.

From 2013 to 2024, the biggest increases were recorded for the Netherlands (with a CAGR of +3.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest oxygen-function amino-compound supplying countries in the European Union were Germany ($854M), Belgium ($462M) and the Netherlands ($452M), together accounting for 62% of total exports.

Belgium, with a CAGR of +3.9%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

In 2024, amino-acids; their esters, (other than those containing more than one kind of oxygen function), n.e.s. in item no. 2922.4 (218K tons), distantly followed by amino-alcohols, their ethers and esters; (other than those containing more than one kind of oxygen function), n.e.s. in item no. 2922.1 (123K tons), diethanolamine and its salts (110K tons), monoethanolamine and its salts (78K tons), amino-alcohol-phenols, amino-acid-phenols and other amino-compounds with oxygen function (73K tons) and triethanolamine and its salts (53K tons) were the key types of oxygen-function amino-compounds, together constituting 99% of total exports.

From 2013 to 2024, the biggest increases were recorded for monoethanolamine and its salts (with a CAGR of +2.4%), while shipments for the other products experienced more modest paces of growth.

In value terms, the largest types of exported oxygen-function amino-compounds were amino-acids; their esters, (other than those containing more than one kind of oxygen function), n.e.s. in item no. 2922.4 ($903M), amino-alcohols, their ethers and esters; (other than those containing more than one kind of oxygen function), n.e.s. in item no. 2922.1 ($762M) and amino-alcohol-phenols, amino-acid-phenols and other amino-compounds with oxygen function ($684M), with a combined 83% share of total exports. Monoethanolamine and its salts, diethanolamine and its salts, amino-aldehydes, amino-ketones and amino-quinones; other than those containing more than one kind of oxygen function; salts thereof, excluding amfepramone (INN), methadone (INN), and normethadone (INN) and salts thereof, amino-naphthols and other amino-phenols; their ethers and esters, (other than those containing more than one kind of oxygen function), n.e.s. in item no. 2922.2, triethanolamine and its salts, amino-aldehydes, amino-ketones and amino-quinones; other than those containing more than one kind of oxygen function; salts thereof, amino-acids; their esters, (other than those containing more than one kind of oxygen function), anthranilic acid and its salts, amino-naphthols and other amino-phenols; their ethers and esters, (other than those containing more than one kind of oxygen function), aminohydroxynaphthalenesulphonic acids and their salts and amino-alcohols, other than those containing more than one kind of oxygen function;their ethers and esters; salts thereof; dextropropoxyphene (INN) and its salts lagged somewhat behind, together accounting for a further 17%.

In terms of the main exported products, amino-aldehydes, amino-ketones and amino-quinones; other than those containing more than one kind of oxygen function; salts thereof, with a CAGR of +14.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other products experienced more modest paces of growth.

The export price in the European Union stood at $4,297 per ton in 2024, with a decrease of -19.2% against the previous year. Overall, the export price continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2016 an increase of 52%. As a result, the export price reached the peak level of $7,890 per ton. From 2017 to 2024, the export prices failed to regain momentum.

Prices varied noticeably by the product type; the product with the highest price was amino-aldehydes, amino-ketones and amino-quinones; other than those containing more than one kind of oxygen function; salts thereof ($429,180 per ton), while the average price for exports of triethanolamine and its salts ($823 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by amino-alcohols, other than those containing more than one kind of oxygen function;their ethers and esters; salts thereof; dextropropoxyphene (INN) and its salts (+27.1%), while the other products experienced more modest paces of growth.

The export price in the European Union stood at $4,297 per ton in 2024, waning by -19.2% against the previous year. Overall, the export price showed a noticeable curtailment. The pace of growth appeared the most rapid in 2016 when the export price increased by 52% against the previous year. As a result, the export price attained the peak level of $7,890 per ton. From 2017 to 2024, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2024, amid the top suppliers, the country with the highest price was Italy ($14,371 per ton), while the Netherlands ($2,854 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Belgium (+2.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the oxygen-function amino-compound market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

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