Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Serbia - 2024

Contents:

1. Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Serbia (CIF) - 2022
2. Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Serbia (FOB) - 2022
3. Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Serbia
4. Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Serbia

Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Serbia (CIF) - 2022

The average import price for heterocyclic compounds with oxygen hetero-atom(s) onlies stood at $30,545 per ton in 2022, jumping by 28% against the previous year. In general, the import price, however, saw a noticeable setback. The pace of growth was the most pronounced in 2015 an increase of 40% against the previous year. As a result, import price reached the peak level of $54,941 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($358,881 per ton), while the price for Slovenia ($2,436 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Serbia (FOB) - 2022

In 2022, the average export price for heterocyclic compounds with oxygen hetero-atom(s) onlies amounted to $177,505 per ton, with an increase of 1.6% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 341%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Bosnia and Herzegovina ($215,668 per ton), while the average price for exports to Montenegro ($13,272 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 Turkey (-1.4%), while the prices for the other major destinations experienced a decline.

Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Serbia

In 2022, approx. 167 tons of heterocyclic compounds with oxygen hetero-atom(s) onlies were imported into Serbia; increasing by 27% against the year before. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 33% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of heterocyclic compounds with oxygen hetero-atom(s) onlies soared to $5.1M in 2022. Over the period under review, total imports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only to Serbia in 2022:

1. United States (52.8 tons)
2. China (35.0 tons)
3. Slovenia (24.9 tons)
4. Croatia (19.2 tons)
5. Belgium (9.9 tons)
6. Netherlands (6.6 tons)
7. Germany (5.2 tons)
8. Italy (5.1 tons)
9. France (4.0 tons)
10. India (1.7 tons)

Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Serbia

Exports of heterocyclic compounds with oxygen hetero-atom(s) onlies from Serbia expanded sharply to 8.1 tons in 2022, picking up by 14% against the previous year. In general, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 232%. As a result, the exports reached the peak of 19 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of heterocyclic compounds with oxygen hetero-atom(s) onlies soared to $1.4M in 2022. Overall, exports showed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 179% against the previous year. As a result, the exports reached the peak of $2.7M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only from Serbia in 2022:

1. Bosnia and Herzegovina (6.5 tons)
2. North Macedonia (1.1 tons)
3. Montenegro (0.2 tons)
4. Croatia (0.2 tons)

Source: IndexBox Market Intelligence Platform