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Belgium - Compounds With Other Nitrogen Function (Excluding Isocyanates) - Market Analysis, Forecast, Size, Trends And Insights
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Belgium: Overview of the Market for Compounds With Other Nitrogen Function (Excluding Isocyanates) 2021

Market Size for Compounds With Other Nitrogen Function (Excluding Isocyanates) in Belgium

In 2020, the Belgian market for compounds with other nitrogen function (excluding isocyanates) decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. Over the period under review, consumption, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Compounds with other nitrogen function consumption peaked at $X in 2010; however, from 2011 to 2020, consumption stood at a somewhat lower figure.

Production of Compounds With Other Nitrogen Function (Excluding Isocyanates) in Belgium

In value terms, compounds with other nitrogen function production declined dramatically to $X in 2020 estimated in export prices. Overall, production, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then contracted sharply in the following year.

Exports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Exports from Belgium

In 2020, approx. X tonnes of compounds with other nitrogen function (excluding isocyanates) were exported from Belgium; waning by -X% on the year before. Over the period under review, exports showed a perceptible descent. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, compounds with other nitrogen function exports dropped sharply to $X in 2020. In general, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

The Netherlands (X tonnes) was the main destination for compounds with other nitrogen function exports from Belgium, with a X% share of total exports. Moreover, compounds with other nitrogen function exports to the Netherlands exceeded the volume sent to the second major destination, Japan (X tonnes), more than tenfold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to the Netherlands stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Germany (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for compounds with other nitrogen function exports from Belgium, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the Netherlands stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and the U.S. (+X% per year).

Export Prices by Country

The average export price for compounds with other nitrogen function (excluding isocyanates) stood at $X per tonne in 2020, which is down by -X% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Japan ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced a decline.

Imports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Imports into Belgium

In 2020, overseas purchases of compounds with other nitrogen function (excluding isocyanates) decreased by -X% to X tonnes, falling for the seventh consecutive year after four years of growth. Overall, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Imports peaked at X tonnes in 2013; however, from 2014 to 2020, imports remained at a lower figure.

In value terms, compounds with other nitrogen function imports declined markedly to $X in 2020. Over the period under review, imports saw a abrupt contraction. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Hungary (X tonnes) constituted the largest supplier of compounds with other nitrogen function to Belgium, with a X% share of total imports. Moreover, compounds with other nitrogen function imports from Hungary exceeded the figures recorded by the second-largest supplier, France (X tonnes), threefold. The third position in this ranking was occupied by Spain (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Hungary totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and Spain (+X% per year).

In value terms, Hungary ($X) constituted the largest supplier of compounds with other nitrogen function to Belgium, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by Ireland, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Hungary amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and Ireland (+X% per year).

Import Prices by Country

In 2020, the average import price for compounds with other nitrogen function (excluding isocyanates) amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, import price indicated a temperate increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, compounds with other nitrogen function import price increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The import price peaked in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Ireland ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for compounds with other nitrogen function (excluding isocyanates) in the world?
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The countries with the highest volumes of compounds with other nitrogen function consumption in 2020 were China (90K tonnes), the U.S. (57K tonnes) and Lao People's Democratic Republic (30K tonnes), with a combined 39% share of global consumption.
What are the largest producers of compounds with other nitrogen function (excluding isocyanates) in the world?
+
China (169K tonnes) constituted the country with the largest volume of compounds with other nitrogen function production, accounting for 38% of total volume. Moreover, compounds with other nitrogen function production in China exceeded the figures recorded by the second-largest producer, the U.S. (54K tonnes), threefold. The third position in this ranking was occupied by the UK (29K tonnes), with a 6.6% share.
What are the leading suppliers of compounds with other nitrogen function (excluding isocyanates) to Belgium?
+
In value terms, Hungary ($997K) constituted the largest supplier of compounds with other nitrogen function to Belgium, comprising 55% of total imports. The second position in the ranking was occupied by France ($227K), with a 12% share of total imports. It was followed by Ireland, with a 12% share.
What are the leading importers of compounds with other nitrogen function (excluding isocyanates) from Belgium?
+
In value terms, the Netherlands ($1.6M) remains the key foreign market for compounds with other nitrogen function exports from Belgium, comprising 76% of total exports. The second position in the ranking was occupied by Japan ($246K), with a 12% share of total exports. It was followed by the U.S., with a 3.2% share.
What is the average export price for compounds with other nitrogen function (excluding isocyanates) in Belgium?
+
In 2020, the average export price for compounds with other nitrogen function (excluding isocyanates) amounted to $3,563 per tonne, declining by -18.7% against the previous year.
What is the average import price for compounds with other nitrogen function (excluding isocyanates) in Belgium?
+
The average import price for compounds with other nitrogen function (excluding isocyanates) stood at $7,272 per tonne in 2020, picking up by 26% against the previous year.

Product coverage:
• Prodcom 20144490 - Compounds with other nitrogen function (excluding isocyanates)

This report provides an in-depth analysis of the market for compounds with other nitrogen function in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Belgium

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Belgium
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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