EU: Ureines Market 2024

Ureines Market Size in the EU

The EU ureines market skyrocketed to $X in 2022, picking up by X% against the previous year. In general, consumption, however, saw a noticeable reduction. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Ureines Production in the EU

In value terms, ureines production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Ureines Exports

Exports in the EU

Ureines exports shrank dramatically to X tons in 2022, waning by X% on the previous year. In general, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, ureines exports totaled $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany was the key exporting country with an export of about X tons, which resulted at X% of total exports. Hungary (X tons) took the second position in the ranking, followed by the Netherlands (X tons), Austria (X tons) and the Czech Republic (X tons). All these countries together held approx. X% share of total exports. The following exporters - Spain (X tons) and France (X tons) - each accounted for a X% share of total exports.

Exports from Germany decreased at an average annual rate of X% from 2012 to 2022. At the same time, the Czech Republic (X%), the Netherlands (X%) and Spain (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Hungary (X%), Austria (X%) and France (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.), the Czech Republic (X p.p.), Hungary (X p.p.) and Spain (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Austria (X p.p.), France (X p.p.) and Germany (X p.p.) displayed negative dynamics.

In value terms, Germany ($X) remains the largest ureines supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

In Germany, ureines exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Spain (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Export price indicated a prominent increase from 2012 to 2022: its price 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. The growth pace was the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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 Spain ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Ureines Imports

Imports in the EU

In 2022, the amount of ureines and their derivatives and salts thereof imported in the European Union soared to X tons, rising by X% compared with 2021. Over the period under review, imports, however, recorded a drastic downturn. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, ureines imports expanded modestly to $X in 2022. Overall, imports, however, continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany was the largest importer of ureines and their derivatives and salts thereof in the European Union, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. The Netherlands (X tons) held the second position in the ranking, followed by France (X tons), Spain (X tons), Austria (X tons) and Italy (X tons). All these countries together held near X% share of total imports. Belgium (X tons) followed a long way behind the leaders.

Imports into Germany decreased at an average annual rate of X% from 2012 to 2022. At the same time, Austria (X%), the Netherlands (X%) and Italy (X%) displayed positive paces of growth. Moreover, Austria emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%), Spain (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Germany, the Netherlands, Austria and Italy increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Austria ($X) and France ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Austria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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

The import price in the European Union stood at $X per ton in 2022, waning by X% against the previous year. Import price indicated a temperate expansion from 2012 to 2022: its price 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, ureines import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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