Croatia - Heterocyclic Compounds - Market Analysis, Forecast, Size, Trends and Insights

Croatia: Heterocyclic Compound Market Overview 2020

Heterocyclic Compound Market Size in Croatia

The revenue of the heterocyclic compound market in Croatia amounted to $X in 2018, waning by -X% against the previous year. Overall, heterocyclic compound consumption, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, the heterocyclic compound market attained its peak figure level at $X in 2017, and then declined slightly in the following year.

Heterocyclic Compound Production in Croatia

In value terms, heterocyclic compound production stood at $X in 2018 estimated in export prices. Over the period under review, heterocyclic compound production, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2014 when production volume increased by X% y-o-y. Over the period under review, heterocyclic compound production reached its peak figure level in 2018 and is expected to retain its growth in the near future.

Heterocyclic Compound Exports

Exports from Croatia

In 2018, the amount of heterocyclic compounds exported from Croatia amounted to X tonnes, growing by X% against the previous year. In general, heterocyclic compound exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. In that year, heterocyclic compound exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, heterocyclic compound exports amounted to $X in 2018. Overall, heterocyclic compound exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. Over the period under review, heterocyclic compound exports attained their peak figure at $X in 2013; however, from 2014 to 2018, exports remained at a lower figure.

Exports by Country

Spain (X tonnes) was the main destination for heterocyclic compound exports from Croatia, accounting for a X% share of total exports. Moreover, heterocyclic compound exports to Spain exceeded the volume sent to the second major destination, Israel (X tonnes), twofold. Russia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Spain totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+X% per year) and Russia (+X% per year).

In value terms, Spain ($X) remains the key foreign market for heterocyclic compound exports from Croatia, comprising X% of total heterocyclic compound exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by Israel, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Spain amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-X% per year) and Israel (+X% per year).

Export Prices by Country

The average heterocyclic compound export price stood at $X per tonne in 2018, coming down by -X% against the previous year. In general, the heterocyclic compound export price continues to indicate a drastic decrease. The pace of growth was the most pronounced in 2013 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for heterocyclic compounds attained their maximum at $X per tonne in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per tonne), while the average price for exports to Israel ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Russia, while the prices for the other major destinations experienced a decline.

Heterocyclic Compound Imports

Imports into Croatia

Heterocyclic compound imports into Croatia amounted to X tonnes in 2018, coming down by -X% against the previous year. Over the period under review, heterocyclic compound imports, however, continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, heterocyclic compound imports attained their maximum at X tonnes in 2017, and then declined slightly in the following year.

In value terms, heterocyclic compound imports stood at $X in 2018. Overall, heterocyclic compound imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

China (X tonnes), India (X tonnes) and the Netherlands (X tonnes) were the main suppliers of heterocyclic compound imports to Croatia, with a combined X% share of total imports. The UK, Germany, Italy and Spain lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Italy, while the other leaders experienced more modest paces of growth.

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

From 2007 to 2018, the average annual growth rate of value from India totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Germany (+X% per year).

Import Prices by Country

The average heterocyclic compound import price stood at $X per tonne in 2018, growing by X% against the previous year. In general, the heterocyclic compound import price continues to indicate a pronounced increase. The pace of growth was the most pronounced in 2013 when the average import price increased by X% y-o-y. In that year, the average import prices for heterocyclic compounds reached their peak level of $X per tonne. From 2014 to 2018, the growth in terms of the average import prices for heterocyclic compounds remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Italy ($X per tonne), while the price for the UK ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform