Europe: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Europe

The Europe oxygen-function amino-compound market reduced to $X in 2021, which is down by -14.6% against the previous year. In general, consumption showed a mild slump. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Oxygen-Function Amino-Compound Production in Europe

In value terms, oxygen-function amino-compound production expanded slightly to $X in 2021 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -23.4% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of 28% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Oxygen-Function Amino-Compound Exports

Exports in Europe

Oxygen-function amino-compound exports totaled X tons in 2021, picking up by 9.5% against the previous year. The total export volume increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 9.8% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, oxygen-function amino-compound exports surged to $X in 2021. Overall, exports, however, continue to indicate a mild contraction. The pace of growth appeared the most rapid in 2016 with an increase of 49% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of oxygen-function amino-compounds, namely Belgium, the Netherlands and Germany, represented more than two-thirds of total export. France (X tons) held a 7.5% share (based on physical terms) of total exports, which put it in second place, followed by Sweden (4.6%). The following exporters - the UK (X tons), Russia (X tons) and Italy (X tons) - together made up 8% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of +7.7%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the UK ($X) and Germany ($X) were the countries with the highest levels of exports in 2021, together comprising 47% of total exports. The Netherlands, France, Italy, Sweden and Russia lagged somewhat behind, together comprising a further 21%.

France, with a CAGR of +7.0%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Europe amounted to $X per ton, with an increase of 15% against the previous year. Overall, the export price, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 40%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the UK ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+10.6%), while the other leaders experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports in Europe

In 2021, approx. X tons of oxygen-function amino-compounds were imported in Europe; surging by 11% on the previous year's figure. The total import volume increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, oxygen-function amino-compound imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 23% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Belgium (X tons), Germany (X tons), France (X tons), Spain (X tons), the UK (X tons), Italy (X tons), Russia (X tons) and Poland (X tons) represented roughly 85% of total imports in 2021.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +14.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Italy ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 52% share of total imports. The Netherlands, France, Spain, the UK, Russia and Poland lagged somewhat behind, together accounting for a further 30%.

In terms of the main importing countries, Russia, with a CAGR of +17.1%, saw the highest growth rate of the value of imports, 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 Europe stood at $X per ton in 2021, with an increase of 4.2% against the previous year. In general, the import price, however, showed a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 13%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+3.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform