Amine-Function Compounds Market Overview in Saudi Arabia
In value terms, amine-function compounds production rose slightly to $ in 2019 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of % y-o-y. Saudi Arabia production peaked in 2019 and is likely to see gradual growth in the near future.
The value of the amine-function compounds market in Saudi Arabia was estimated at $ in 2019, rising by % 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). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2008 with an increase of % year-to-year. Saudi Arabia consumption peaked in 2019 and is expected to retain growth in the near future.