Benelux: Heterocyclic Compound Market 2024

Heterocyclic Compound Market Size in Benelux

In 2022, the Benelux heterocyclic compound market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. The total consumption indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Heterocyclic Compound Production in Benelux

In value terms, heterocyclic compound production shrank to $X in 2022 estimated in export price. The total production indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Heterocyclic Compound Exports

Exports in Benelux

In 2022, the amount of heterocyclic compounds exported in Benelux expanded to X tons, with an increase of X% on the previous year. In general, exports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, heterocyclic compound exports fell markedly to $X in 2022. Over the period under review, exports, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium was the major exporter of heterocyclic compounds in Benelux, with the volume of exports recording X tons, which was near X% of total exports in 2022. It was distantly followed by the Netherlands (X tons), constituting a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of X%).

In value terms, Belgium ($X) remains the largest heterocyclic compound supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Belgium totaled X%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price, however, posted a buoyant increase. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Heterocyclic Compound Imports

Imports in Benelux

In 2022, purchases abroad of heterocyclic compounds decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports recorded a deep setback. The pace of growth appeared the most rapid in 2016 with an increase of X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, heterocyclic compound imports dropped significantly to $X in 2022. Over the period under review, imports showed a abrupt decline. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Belgium was the largest importing country with an import of around X tons, which finished at X% of total imports. It was distantly followed by the Netherlands (X tons), achieving a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Netherlands (with a CAGR of X%).

In value terms, Belgium ($X) constitutes the largest market for imported heterocyclic compounds in Benelux, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Belgium totaled X%.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price showed a perceptible slump. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform