Scandinavia: Heterocyclic Compound Market 2024

Heterocyclic Compound Market Size in Scandinavia

The Scandinavia heterocyclic compound market expanded slightly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Heterocyclic Compound Production in Scandinavia

In value terms, heterocyclic compound production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Heterocyclic Compound Exports

Exports in Scandinavia

After two years of growth, overseas shipments of heterocyclic compounds decreased by X% to X tons in 2022. In general, exports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then contracted notably in the following year.

In value terms, heterocyclic compound exports totaled $X in 2022. Over the period under review, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Finland (X tons) represented the key exporter of heterocyclic compounds, generating X% of total exports. It was distantly followed by Sweden (X tons), comprising a X% share of total exports.

Finland was also the fastest-growing in terms of the heterocyclic compounds exports, with a CAGR of X% from 2012 to 2022. Sweden (X%) illustrated a downward trend over the same period. Finland (X p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Sweden ($X) remains the largest heterocyclic compound supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports.

In Sweden, heterocyclic compound exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per kg, picking up by X% against the previous year. Overall, the export price saw a noticeable increase. Over the period under review, the export prices hit record highs at $X per kg in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per kg), while Finland stood at $X per kg.

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

Heterocyclic Compound Imports

Imports in Scandinavia

For the third year in a row, Scandinavia recorded decline in purchases abroad of heterocyclic compounds, which decreased by X% to X tons in 2022. In general, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2014 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, heterocyclic compound imports declined significantly to $X in 2022. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Sweden represented the key importer of heterocyclic compounds in Scandinavia, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Finland (X tons) and Norway (X tons), together generating a X% share of total imports.

Sweden was also the fastest-growing in terms of the heterocyclic compounds imports, with a CAGR of X% from 2012 to 2022. Finland (X%) and Norway (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sweden increased by X percentage points.

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

From 2012 to 2022, the average annual growth rate of value in Sweden amounted to X%. In the other countries, the average annual rates were as follows: Finland (X% per year) and Norway (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per kg, rising by X% against the previous year. In general, the import price, however, saw a pronounced setback. The growth pace was the most rapid in 2014 an increase of X%. As a result, import price attained the peak level of $X per kg. From 2015 to 2022, the import prices remained at a somewhat 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 Sweden ($X per kg), while Finland ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform