Eastern Europe: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Eastern Europe

The East European oxygen-function amino-compound market rose notably to $X in 2021, increasing by 11% against the previous year. The market value increased at an average annual rate of +5.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in years to come.

Oxygen-Function Amino-Compound Production in Eastern Europe

In value terms, oxygen-function amino-compound production dropped slightly to $X in 2021 estimated in export price. In general, production, however, recorded a slight descent. The most prominent rate of growth was recorded in 2014 with an increase of 12% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Oxygen-Function Amino-Compound Exports

Exports in Eastern Europe

In 2021, overseas shipments of oxygen-function amino-compounds increased by 30% to X tons, rising for the second year in a row after four years of decline. Over the period under review, exports, however, showed a noticeable contraction. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, oxygen-function amino-compound exports skyrocketed to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia was the key exporter of oxygen-function amino-compounds in Eastern Europe, with the volume of exports reaching X tons, which was near 42% of total exports in 2021. Poland (X tons) held a 23% share (based on physical terms) of total exports, which put it in second place, followed by Lithuania (16%) and Hungary (11%). The following exporters - Slovakia (X tons) and the Czech Republic (X tons) - together made up 5.5% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Lithuania (with a CAGR of +27.2%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Poland ($X), Hungary ($X) and Russia ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 69% of total exports. Lithuania, the Czech Republic and Slovakia lagged somewhat behind, together accounting for a further 24%.

Lithuania, with a CAGR of +25.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, rising by 5% against the previous year. Export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, oxygen-function amino-compound export price increased by +59.9% against 2016 indices. The pace of growth appeared the most rapid in 2019 when the export price increased by 18% against the previous year. Over the period under review, the export prices attained the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+11.3%), while the other leaders experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports in Eastern Europe

In 2021, imports of oxygen-function amino-compounds in Eastern Europe surged to X tons, with an increase of 25% on the year before. Overall, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, oxygen-function amino-compound imports soared to $X in 2021. In general, imports recorded resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia (X tons) and Poland (X tons) represented roughly 68% of total imports in 2021. It was distantly followed by Hungary (X tons), Ukraine (X tons) and the Czech Republic (X tons), together committing a 21% share of total imports. Lithuania (X tons) and Romania (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +20.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest oxygen-function amino-compound importing markets in Eastern Europe were Russia ($X), Poland ($X) and Hungary ($X), together accounting for 76% of total imports. These countries were followed by Ukraine, the Czech Republic, Romania and Lithuania, which together accounted for a further 19%.

Lithuania, with a CAGR of +20.0%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, rising by 7.1% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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