Tunisia: Heterocyclic Compound Market 2024

Heterocyclic Compound Market Size in Tunisia

The Tunisian heterocyclic compound market declined to $X in 2022, falling by X% against the previous year. The market 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. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Heterocyclic Compound Production in Tunisia

In value terms, heterocyclic compound production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Heterocyclic Compound Exports

Exports from Tunisia

In 2022, approx. X kg of heterocyclic compounds were exported from Tunisia; rising by X% on 2021 figures. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, heterocyclic compound exports surged to $X in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Spain (X kg) was the main destination for heterocyclic compound exports from Tunisia, with a X% share of total exports. Moreover, heterocyclic compound exports to Spain exceeded the volume sent to the second major destination, Turkey (X kg), fivefold.

From 2013 to 2022, the average annual growth rate of volume to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Senegal (X% per year).

In value terms, Turkey ($X) emerged as the key foreign market for heterocyclic compounds exports from Tunisia, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports.

From 2013 to 2022, the average annual growth rate of value to Turkey totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Senegal (X% per year).

Export Prices by Country

The average heterocyclic compound export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced a decline.

Heterocyclic Compound Imports

Imports into Tunisia

In 2022, overseas purchases of heterocyclic compounds decreased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a noticeable shrinkage. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, heterocyclic compound imports skyrocketed to $X in 2022. Overall, imports recorded a pronounced descent. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

India (X tons), Spain (X tons) and China (X tons) were the main suppliers of heterocyclic compound imports to Tunisia, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, India ($X) constituted the largest supplier of heterocyclic compounds to Tunisia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

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

Import Prices by Country

The average heterocyclic compound import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 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 India ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform