Estonia: Heterocyclic Compound Market Overview 2020

Heterocyclic Compound Market Size in Estonia

The revenue of the heterocyclic compound market in Estonia amounted to $X in 2018, going down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, heterocyclic compound consumption continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Estonia heterocyclic compound consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Heterocyclic Compound Exports

Exports from Estonia

In 2018, the heterocyclic compound exports from Estonia totaled X kg, going up by X% against the previous year. Overall, heterocyclic compound exports continue to indicate a slight increase. The pace of growth appeared the most rapid in 2009 when exports increased by X% year-to-year. Over the period under review, heterocyclic compound exports attained their peak figure at X tonnes in 2010; however, from 2011 to 2018, exports stood at a somewhat lower figure.

In value terms, heterocyclic compound exports totaled $X in 2018. In general, heterocyclic compound exports continue to indicate a deep descent. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. Estonia exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China represented the main exporter of heterocyclic compounds in the world, with the volume of exports resulting at X tonnes, which was near X% of total exports in 2018. It was distantly followed by the U.S. (X tonnes), India (X tonnes), Germany (X tonnes) and the UK (X tonnes), together generating a X% share of total exports. France (X tonnes), Japan (X tonnes), Ireland (X tonnes) and Italy (X tonnes) took a little share of total exports.

China was also the fastest-growing in terms of the heterocyclic compounds exports, with a CAGR of +X% from 2007 to 2018. At the same time, Ireland (+X%), France (+X%), Italy (+X%), Germany (+X%) and India (+X%) displayed positive paces of growth. The UK experienced a relatively flat trend pattern. By contrast, the U.S. (-X%) and Japan (-X%) illustrated a downward trend over the same period. China (+X p.p.), Germany (+X p.p.) and France (+X p.p.) significantly strengthened its position in terms of the global exports, while Japan and the U.S. saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest heterocyclic compound markets from Estonia were Ireland ($X), China ($X) and the U.S. ($X), with a combined X% share of total exports.

China experienced the highest growth rate of exports, in terms of 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 tonne in 2018, dropping by -X% against the previous year. In general, the heterocyclic compound export price continues to indicate a deep setback. The growth pace was the most rapid in 2016 an increase of X% y-o-y. Over the period under review, the export prices for heterocyclic compounds reached their peak figure at $X per tonne in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

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

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

Heterocyclic Compound Imports

Imports into Estonia

In 2018, the heterocyclic compound imports into Estonia totaled X tonnes, coming down by -X% against the previous year. Overall, heterocyclic compound imports continue to indicate an abrupt reduction. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Estonia imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, heterocyclic compound imports amounted to $X in 2018. In general, heterocyclic compound imports continue to indicate a noticeable descent. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. In that year, heterocyclic compound imports reached their peak of $X. From 2012 to 2018, the growth of heterocyclic compound imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tonnes), India (X tonnes), Indonesia (X tonnes), Brazil (X tonnes), the UK (X tonnes), China (X tonnes), France (X tonnes), Mexico (X tonnes), Australia (X tonnes), Belgium (X tonnes), Germany (X tonnes) and Argentina (X tonnes) were the major importers of heterocyclic compounds in the world, committing X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Indonesia, 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.

In Germany, heterocyclic compound imports increased at an average annual rate of +X% over the period from 2007-2018. 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 tonne, going up by X% against the previous year. Overall, the heterocyclic compound import price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. In that year, the import prices for heterocyclic compounds reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while Indonesia ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform