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

Estonia: Heterocyclic Compound Market Overview 2019

Heterocyclic Compound Market Size in Estonia

The revenue of the heterocyclic compound market in Estonia amounted to $X in 2018, going up by X% against the previous year. Over the period under review, the total market indicated a prominent increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the heterocyclic compound consumption increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2014, with an increase of X% year-to-year. Estonia heterocyclic compound consumption peaked in 2018, and is likely to continue its growth in the immediate term.

Heterocyclic Compound Production in Estonia

In value terms, heterocyclic compound production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018, when the output figure increased by X% against the previous year. In that year, heterocyclic compound production reached its peak level, and is likely to continue its growth in the immediate term.

Heterocyclic Compound Exports

Exports from Estonia

In 2018, the amount of heterocyclic compounds exported from Estonia stood at X kg, reducing by -X% against the previous year. Over the period under review, heterocyclic compound exports continue to indicate an abrupt deduction. The pace of growth was the most pronounced in 2011, when exports increased by X% year-to-year. In that year, heterocyclic compound exports attained their peak of X tonnes. From 2012 to 2018, the growth of heterocyclic compound exports failed to regain its momentum.

In value terms, heterocyclic compound exports amounted to $X in 2018. Overall, heterocyclic compound exports continue to indicate an abrupt slump. The pace of growth appeared the most rapid in 2011, when exports increased by X% against the previous year. In that year, heterocyclic compound exports attained their peak of $X. From 2012 to 2018, the growth of heterocyclic compound exports failed to regain its momentum.

Exports by Country

China represented the key exporting country with an export of about X tonnes, which recorded X% of total exports. The U.S. (X tonnes) ranks second in terms of the total exports with a X% share, followed by India (X%), Germany (X%) and the UK (X%). Belgium (X tonnes) and Japan (X tonnes) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, the UK (+X%), India (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, the U.S. (-X%), Japan (-X%) and Belgium (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Belgium, the U.S. and Japan increased by X%, X% and X% percentage points, while Germany (-X%), India (-X%), the UK (-X%) and China (-X%) saw their share reduced.

In value terms, China ($X), Belgium ($X) and the U.S. ($X) were the countries with the highest levels of exports in 2018, together comprising X% of total exports.

China recorded the highest growth rate of exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The heterocyclic compound export price in Estonia stood at $X per kg in 2018, surging by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018, when the export price increased by X% y-o-y. In that year, the export prices for heterocyclic compounds reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Belgium ($X per kg), while the UK ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Belgium, while the other leaders experienced more modest paces of growth.

Heterocyclic Compound Imports

Imports into Estonia

In 2018, approx. X tonnes of heterocyclic compounds were imported into Estonia; remaining relatively unchanged against the previous year. Overall, heterocyclic compound imports, however, continue to indicate a pronounced decline. The growth pace was the most rapid in 2017, when imports increased by X% y-o-y. Estonia imports peaked at X tonnes in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

In value terms, heterocyclic compound imports amounted to $X in 2018. In general, heterocyclic compound imports, however, continue to indicate a significant descent. The pace of growth was the most pronounced in 2017, with an increase of X% against the previous year. Estonia imports peaked at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

The U.S. (X tonnes), India (X tonnes), Brazil (X tonnes), China (X tonnes), the UK (X tonnes), Indonesia (X tonnes), Belgium (X tonnes), Germany (X tonnes), France (X tonnes), Mexico (X tonnes), Argentina (X tonnes) and Japan (X tonnes) represented roughly X% of total imports of heterocyclic compounds in 2018.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Brazil, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported heterocyclic compounds into Estonia, comprising X% of global imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of global imports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual growth rate of value in Germany amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and the U.S. (-X% per year).

Import Prices by Country

In 2018, the heterocyclic compound import price in Estonia amounted to $X per kg, surging by X% against the previous year. Overall, the heterocyclic compound import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, an increase of X% against the previous year. Estonia import price peaked at $X per kg in 2016; however, from 2017 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Germany ($X per kg), while Indonesia ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform