Analysis of Hydrazine Hydrate Export in the First Quarter of 2023

According to the latest data from customs, China's export volume of hydrazine hydrate in March 2023 was 481.5 tons, a decrease of 48.22% month on month; The cumulative export volume from January to March was 2264.3 tons, an increase of 175.8% year-on-year.

From the perspective of export destinations, the main destinations for China's export of hydrazine hydrate in March 2023 were India and Germany.

Among them, the quantity of hydrazine hydrate exported to India was 280 tons, a decrease of 376 tons or 57.32% compared to the previous month; Accounting for 59.15% of the total export volume of hydrazine hydrate, a decrease of 18 percentage points.

The quantity of hydrazine hydrate exported to Germany was 112.5 tons, a month on month increase of 150%, accounting for 23.36% of the total export volume.

The top five exporting countries are India, Germany, Russia, Iraq, and the United Arab Emirates, accounting for 94.81% of the total export volume.

The main reasons for the decrease in export volume this month are as follows:

1、 The downstream operating load of domestic hydrazine hydrate is low, the demand and consumption are limited, and social inventory is under pressure; Domestic hydrazine hydrate controls operating load, resulting in a reduction in supply.

2、 At present, the hydrazine hydrate plant in India is operating with average operating load; At present, the demand for domestic hydrazine hydrate in the Indian market has slightly decreased, resulting in a slight impact on export volume.