Compounds Containing An Unfused Triazine Ring Market

Compounds containing an unfused triazine ring market: read new data provided by an Ai-driven BI platform. Data contain production, companies, trade, market size, imports, consumption, exports, and market prices. There is a breakdown by region, including China, Africa, the Middle East, Russia, the U.K., the U.S., Latin America, and EU. Market insights and outlook to 2030 are also provided in the snapshots.


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Compounds Containing An Unfused Triazine Ring - World's Largest Markets

RatingCountry
1India
2United States
3Nigeria
4China
5Japan

In value terms, India, the United States and Nigeria were the countries with the highest levels of market value in 2020, with a combined 56% share of the global market. China, Japan, Brazil, Mexico, South Korea, Russia, Poland, Spain, Iran and the UK lagged somewhat behind, together accounting for a further 21%.

South Korea recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while market of compounds containing an unfused triazine ring (whether or not hydrogenated) in the structure (excluding melamine) for the other global leaders experienced more modest paces of growth.

Compounds Containing An Unfused Triazine Ring (Whether Or Not Hydrogenated) In The Structure (Excluding Melamine) Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Russia10481050767-14.5%
United Kingdom243020211423-23.5%
Poland234721081635-16.5%
China267628412228-8.8%
Spain236125162342-0.4%
Japan381539543235-7.9%
Netherlands391627063840-1.0%
Israel445147374264-2.1%
Germany511556085055-0.6%
United States53496234673912.2%
Average326734362846-6.7%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the United States ($6,739 per ton), while Russia ($767 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Germany33063742676943.1%
China47986687674118.5%
South Korea53815942654210.3%
India34894879428310.8%
France34044020413610.2%
United States3397450634070.1%
Argentina2396238126875.9%
Brazil290027852684-3.8%
Italy264527042521-2.4%
Spain192217341770-4.0%
Mexico252222061769-16.2%
Indonesia193118521499-11.9%
Australia211017351312-21.1%
Average3172343433242.4%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Germany ($6,769 per ton), while Australia ($1,312 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Compounds Containing An Unfused Triazine Ring (Whether or not Hydrogenated) in The Structure (Excluding Melamine) - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.40.40.3-8.3%
Brazil0.20.20.2-4.2%
India0.20.20.2-2.9%
France0.090.10.125.7%
South Korea0.080.10.132.1%

In value terms, the United States ($296M), Brazil ($192M) and India ($157M) appeared to be the countries with the highest levels of imports in 2020, with a combined 28% share of global imports. France, South Korea, Germany, China, Spain, Italy, Argentina, Mexico, Australia and Indonesia lagged somewhat behind, together comprising a further 35%.

Among the main importing countries, South Korea saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Compounds Containing An Unfused Triazine Ring (Whether or not Hydrogenated) in The Structure (Excluding Melamine) - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China1.21.21-8.2%
Germany0.20.30.2-7.3%
United States0.20.10.2-0.1%
Japan0.10.10.09-9.9%
Poland0.0051700170.0053915620.06240.9%

In value terms, China ($1B) remains the largest compounds containing an unfused triazine ring (whether or not hydrogenated) in the structure (excluding melamine) supplier worldwide, comprising 49% of global exports. The second position in the ranking was occupied by Germany ($213M), with a 10% share of global exports. It was followed by the United States, with a 8.3% share.

In China, exports of compounds containing an unfused triazine ring (whether or not hydrogenated) in the structure (excluding melamine) shrank by an average annual rate of -8.2% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-7.3% per year) and the United States (-0.1% per year).

Compounds Containing An Unfused Triazine Ring (Whether or not Hydrogenated) in The Structure (Excluding Melamine) - Market Forecast

Driven by increasing demand for compounds containing an unfused triazine ring (whether or not hydrogenated) in the structure (excluding melamine) worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Compounds Containing An Unfused Triazine Ring - Product Coverage

  • HS 293369 - Heterocyclic compounds; containing an unfused triazine ring (whether or not hydrogenated) in the structure, others excluding melamine
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