Which Country Exports the Most Heterocyclic Compounds in the World?

Basic Chemicals May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

In 2016, the global heterocyclic compounds exports stood at 480K tonnes, coming down by -9.3% against the previous year level. In general, heterocyclic compounds exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when export increased by 53% y-o-y. Over the period under review, global heterocyclic compounds exports reached its maximum volume of 690K tonnes in 2011; however, from 2012 to 2016, it stood at a somewhat lower level.

In value terms, heterocyclic compounds exports stood at $6.1B in 2016. In general, heterocyclic compounds exports continue to indicate a relatively flat trend pattern. Over the period under review, global heterocyclic compounds exports attained its maximum level of $7.3B in 2012; however, from 2013 to 2016, it failed to regain its strength.

Top Heterocyclic Compounds Exporting Countries in the World

1. China (2,132.4 million USD)

2. Germany (717.0 million USD)

3. France (260.3 million USD)

4. Japan (248.3 million USD)

5. Italy (238.4 million USD)

6. United Kingdom (123.3 million USD)

7. Spain (117.5 million USD)

8. Netherlands (66.3 million USD)

9. Thailand (29.7 million USD)

10. Malaysia (23.6 million USD)

11. South Africa (21.6 million USD)

12. Dominican Republic (14.9 million USD)

Heterocyclic Compounds Exports By Country

In 2016, China (246K tonnes) represented the largest exporter for heterocyclic compounds, achieving 51% of total exports. It was distantly followed by Germany (56K tonnes), and the Dominican Republic (23K tonnes), together making up 16% share of total heterocyclic compounds exports. South Africa (19K tonnes), Japan (17K tonnes), the UK (15K tonnes), Malaysia (14K tonnes), Thailand (12K tonnes), Italy (11K tonnes), France (11K tonnes), the Netherlands (9K tonnes), and Spain (7.5K tonnes) followed a long way behind this figure.

From 2007 to 2016, average annual rates of growth with regard to heterocyclic compounds exports from China stood at +3.2%. At the same time, the Netherlands (+4.6%), Italy (+3.7%), South Africa (+1.4%), and Spain (+9.2%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest growing importer/exporter in the world, with a CAGR of +4.6% from 2007-2016. Germany, and Thailand experienced a relatively flat trend pattern. By contrast, France (-1.4%), the UK (-2.9%), the Dominican Republic (-4.4%), Japan (-5.3%), and Malaysia (-6.2%) illustrated a downward trend over the same period. From 2007 to 2016, the share of the Dominican Republic, Malaysia, and Japan increased by 2%, 2%, and 2% percentage points, while China (-12.6%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($2.1B) remains the largest heterocyclic compounds supplier in the world, making up 35% of global exports. The second position in the ranking was occupied by Germany ($717M), with the share of 12% of global exports. It was followed by France, with the share of 4%.

In China, heterocyclic compounds exports expanded at an average annual rate of +10.4% over the period from 2007-2016. In the other countries, the average annual rates were as follows: Germany (+20.2% per year) and France (+3.0% per year).

Heterocyclic Compounds Export Prices By Country

In 2016, the average export price for heterocyclic compounds amounted to $13 per kg, surging by 12% against the previous year. In general, heterocyclic compounds export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when export increased by 37% y-o-y. In that year, average heterocyclic compounds export price reached its maximum level of $13 per kg. From 2013 to 2016, growth of average heterocyclic compounds export price stood at a somewhat lower level.

Export prices varied noticeably by country of destination. the country with the highest export prices was France ($24 per kg), while the Dominican Republic ($661 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of heterocyclic compounds export prices was attained by China (+7.0% per year), while the other global leaders experienced more modest paces of growth.

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  • heterocyclic compounds import
  • heterocyclic compounds export
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  • heterocyclic compounds price forecast
  • key heterocyclic compounds producers

This article was written on the product's HS-code: 2932.

Source: World: Heterocyclic Heterocyclic Compoundss - Market Report. Analysis and Forecast to 2025