Germany: Heterocyclic Compound Market 2024

Heterocyclic Compound Market Size in Germany

The German heterocyclic compound market dropped to $X in 2022, with a decrease of X% against the previous year. Overall, consumption saw a pronounced reduction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Heterocyclic Compound Production in Germany

In value terms, heterocyclic compound production rose slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Heterocyclic Compound Exports

Exports from Germany

Heterocyclic compound exports from Germany shrank to X tons in 2022, dropping by X% against 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, heterocyclic compound exports declined remarkably to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons), Italy (X tons) and India (X tons) were the main destinations of heterocyclic compound exports from Germany, with a combined X% share of total exports. China, Japan, Belgium, France, Taiwan (Chinese), Brazil, Colombia, Switzerland, Romania and South Korea lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for heterocyclic compounds exports from Germany, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by Switzerland, with an X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Switzerland (X% per year).

Export Prices by Country

In 2022, the average heterocyclic compound export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price showed a slight slump. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Heterocyclic Compound Imports

Imports into Germany

For the third year in a row, Germany recorded growth in supplies from abroad of heterocyclic compounds, which increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, heterocyclic compound imports skyrocketed to $X in 2022. In general, imports showed strong growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Ireland (X tons) constituted the largest supplier of heterocyclic compound to Germany, accounting for a X% share of total imports. Moreover, heterocyclic compound imports from Ireland exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Belgium (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Ireland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Belgium (X% per year).

In value terms, Ireland ($X) constituted the largest supplier of heterocyclic compounds to Germany, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with an X% share of total imports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Ireland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Singapore (X% per year).

Import Prices by Country

In 2022, the average heterocyclic compound import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, import price indicated modest growth 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, heterocyclic compound import price decreased by X% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X,849 per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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