Aromatic monoamines, their derivatives and salts market in Germany

Earlier Report Observations

The market for aromatic monoamines in Germany showed considerable variation in value from 2018 to 2022. After reaching 479.6 million USD in 2018, the market size fell to 441.9 million USD in 2019 and then dropped sharply to 288.4 million USD in 2020. A pronounced recovery followed, lifting the market to 422.7 million USD in 2021 and further to a high of 566.1 million USD in 2022.

Market value declined to 486.9 million USD in 2023 before increasing to 545.2 million USD in 2024. The growth in 2024 was primarily driven by rising consumer demand for natural fragrances and sustainable ingredients, which expanded overall consumption. Legislative changes, including the Medicine Research Act enacted in October 2024 which amended pharmaceutical regulations, also contributed to the market dynamics for aromatic monoamines used in drug applications.

Production aromatic monoamines, their derivatives and salts in Germany

In value, 2017-2020, M $ US

Germany's production of aromatic monoamines, their derivatives and salts declined after two years of growth. In 2020, output was valued at 242.2 million US dollars, marking a 41.8% contraction compared to 2019. Over the 2017-2020 period, production decreased by 29%, with a compound annual growth rate of 10.8%. The peak value was recorded in 2019 at 416.5 million US dollars, while the largest annual increase occurred in 2018 at 19.0%.

Annual dynamics of production in Germany in value, 2017-2020, M $ US

In kind, 2017-2020, K t

In 2020, Germany produced 111.4 thousand tonnes of aromatic monoamines, their derivatives and salts, remaining relatively stable compared to 2019. Over the 2017-2020 period, production increased by 8.9%, with a compound annual growth rate of 2.9%.

Annual dynamics of production in Germany in kind, 2017-2020, K t

Exports aromatic monoamines, their derivatives and salts from Germany

Exports in kind, K t

In 2020, Germany exported 86.8 thousand tonnes of aromatic monoamines, their derivatives and salts, showing a measured year-over-year gain of 6.7%. Over the 2017-2020 period, exports increased by 7.2%, with a compound annual growth rate of 2.4%. The peak volume was recorded in 2018 at 89.1 thousand tonnes, while the largest annual decline occurred in 2019 at 8.7% and the largest increase in 2018 at 10.0%.

Annual dynamics of product's exports from Germany in kind, 2017-2020, K t

From 2017 to 2020, Switzerland, Belgium, and South Korea remained the principal buyers of aromatic monoamines, their derivatives and salts from Germany, accounting for 36.8%, 21.4%, and 7.7% of exports in kind respectively. Together, these three countries represented 66.0% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Germany in kind, 2017-2020

Exports in value, M $ US

After two years of growth, Germany's exports of aromatic monoamines, their derivatives and salts declined. In 2020, exports amounted to 272.4 million US dollars, equivalent to a 15.1% decrease compared to 2019. Between 2017 and 2020, exports increased by 14.8%, equating to an annualized rate of 4.7%. The peak value was recorded in 2019 at 321.1 million US dollars, while the largest annual increase occurred in 2018 at 25.8%.

Annual dynamics of product's exports from Germany in value, 2017-2020, M $ US

Throughout 2017-2020, South Korea, Switzerland, and Belgium remained the key partners for Germany's exports of aromatic monoamines, their derivatives and salts in value terms, accounting for 28.5%, 27.7%, and 8.5% of exports respectively. Together, these three countries represented 64.7% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Germany in value, 2017-2020

Imports aromatic monoamines, their derivatives and salts to Germany

Imports in kind, K t

In 2020, Germany's imports of aromatic monoamines, their derivatives and salts reached 183.9 thousand tonnes, up by 30.9% compared to the previous year. Between 2017 and 2020, imports increased by 38.5%, equating to an annualized rate of 11.5%. The largest annual decline occurred in 2019 at 7.2%.

Annual dynamics of product's imports to Germany in kind, 2017-2020, K t

Over the 2017-2020 period, Belgium remained the leading supplier of aromatic monoamines, their derivatives and salts to Germany, accounting for 74.4% of total imports in kind, while the remainder was distributed across many other countries.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Germany in kind, 2017-2020

Imports in value, M $ US

Germany's imports of aromatic monoamines, their derivatives and salts declined for the second consecutive year. In 2020, imports amounted to approximately 318.6 million US dollars, showing a moderate decline of 8.1% compared to the previous year. Between 2017 and 2020, imports increased by 8%, equating to an annualized rate of 2.6%. The peak value was recorded in 2018 at 372.0 million US dollars, while the largest annual increase occurred in 2018 at 26.1%.

Annual dynamics of product's imports to Germany in value, 2017-2020, M $ US

From 2017 to 2020, Belgium, the United States, and Switzerland together accounted for 68.8% of Germany's total imports of aromatic monoamines, their derivatives and salts in value terms, with shares of 39.4%, 17.4%, and 11.9% respectively, remaining the main sources for these products.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Germany in value, 2017-2020