The Growth in Global Trade of Amino-Resins, Phenolic Resins and Polyurethanes Lost Its Momentum

According to recently published IndexBox research «World: Amino-Resins, Phenolic Resins, And Polyurethanes (In Primary Forms) - Market Report. Analysis And Forecast To 2020» ( http://www.indexbox.co.uk/store/world-amino-resins-phenolic-resins-and-polyurethanes-in-primary-forms-market-report-analysis-and-forecast-to-2020/ ), the global trade in amino-resins, phenolic resins and polyurethanes (in primary forms) amounted to 14,458 million USD in 2015, fluctuating perceptibly over the period under review. A notable drop in 2009 was followed by recovery over the next five years, until exports decreased again. Overall, there was an annual increase of +3.2% from 2007 to 2015.

Germany continued its dominance in the global supplies of amino-resins, phenolic resins, and polyurethanes (in primary forms). In 2015, Germany's exports of amino-resins, phenolic resins, and polyurethanes (in primary forms) totaled 2,483 million USD, which accounted for a 17% share of global exports. USA, Belgium, China, and the Netherlands were the other key global suppliers of amino-resins, phenolic resins, and polyurethanes (in primary forms) in 2015, with a 37% combined share of global exports.

China (+18.8% per year) and the Netherlands (+15.6% per year) were the fastest growing exporters from 2007 to 2015. China significantly strengthened its position in the global export structure, growing its share from 3% in 2007 to 8% in 2015.

On the other hand, China (10%, based on value terms), Germany (7%), USA (6%), France (5%), and Italy (4%) were the leading destinations of imports of amino-resins, phenolic resins, and polyurethanes (in primary forms) in 2015. Imports to USA grew at a quick pace of +5.9% per year from 2007 to 2015. By contrast, China and Germany slightly contracted their imports of amino-resins, phenolic resins, and polyurethanes (in primary forms) over the same period. The USA's share of global imports increased by 1%, while the shares of the balance of leading importers illustrated negative dynamics.

Source and figures: http://www.indexbox.co.uk/news/the-growtn-in-global-trade-of-amino-resins-lost-its-momentum/

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This release was published on openPR.