Germany: Heterocyclic Compound Market Overview 2021

Heterocyclic Compound Market Size in Germany

The German heterocyclic compound market amounted to $X in 2020, therefore, remained relatively stable against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the market value increased by X% against the previous year. Heterocyclic compound consumption peaked at $X in 2013; however, from 2014 to 2020, consumption remained at a lower figure.

Heterocyclic Compound Production in Germany

In value terms, heterocyclic compound production amounted to $X in 2020 estimated in export prices. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Heterocyclic compound production peaked at $X in 2013; however, from 2014 to 2020, production failed to regain the momentum.

Heterocyclic Compound Exports

Exports from Germany

Heterocyclic compound exports from Germany surged to X tonnes in 2020, jumping by X% against 2019. Over the period under review, total exports indicated pronounced growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure in 2020 and are likely to see steady growth in the near future.

In value terms, heterocyclic compound exports expanded notably to $X in 2020. Overall, exports saw a slight reduction. The pace of growth appeared the most rapid in 2014 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 U.S. (X tonnes), Italy (X tonnes) and China (X tonnes) were the main destinations of heterocyclic compound exports from Germany, with a combined X% share of total exports. India, the UK, Brazil, Taiwan (Chinese), Switzerland, France, Japan, South Korea, Romania and Singapore lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Romania (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual growth rate of value to the U.S. amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Switzerland (+X% per year).

Export Prices by Country

In 2020, the average heterocyclic compound export price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. Over the period under review, average export prices attained the maximum at $X per tonne in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was France ($X per tonne), while the average price for exports to Italy ($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 Switzerland, while the prices for the other major destinations experienced more modest paces of growth.

Heterocyclic Compound Imports

Imports into Germany

In 2020, approx. X tonnes of heterocyclic compounds were imported into Germany; growing by X% against 2019 figures. Overall, imports showed notable growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes. From 2019 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, heterocyclic compound imports surged to $X in 2020. Over the period under review, imports continue to indicate a strong expansion. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. From 2019 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Ireland (X tonnes) constituted the largest supplier of heterocyclic compound to Germany, with a X% share of total imports. Moreover, heterocyclic compound imports from Ireland exceeded the figures recorded by the second-largest supplier, India (X tonnes), fivefold. The third position in this ranking was occupied by China (X tonnes), with a X% share.

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

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

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

Import Prices by Country

In 2020, the average heterocyclic compound import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the import price, however, posted buoyant growth. The growth pace was the most rapid in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2019, and then contracted modestly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Ireland ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for heterocyclic compounds in the world?

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The countries with the highest volumes of heterocyclic compound consumption in 2020 were China (283K tonnes), Belgium (176K tonnes) and the U.S. (144K tonnes), together comprising 40% of global consumption. Germany, India, Spain, Poland, Japan, Mexico, France, the UK, South Korea and Canada lagged somewhat behind, together accounting for a further 43%.

What are the largest producers of heterocyclic compounds in the world?

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The country with the largest volume of heterocyclic compound production was China (373K tonnes), comprising approx. 25% of total volume. Moreover, heterocyclic compound production in China exceeded the figures recorded by the second-largest producer, Belgium (166K tonnes), twofold. The third position in this ranking was occupied by the U.S. (148K tonnes), with a 9.9% share.

What are the leading suppliers of heterocyclic compounds to Germany?

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In value terms, Ireland ($2.5B) constituted the largest supplier of heterocyclic compound to Germany, comprising 74% of total imports. The second position in the ranking was occupied by Italy ($204M), with a 6% share of total imports. It was followed by Switzerland, with a 4.8% share.

What are the leading importers of heterocyclic compounds from Germany?

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In value terms, the U.S. ($209M) remains the key foreign market for heterocyclic compound exports from Germany, comprising 23% of total exports. The second position in the ranking was occupied by France ($98M), with a 11% share of total exports. It was followed by Switzerland, with a 9.8% share.

What is the average export price for heterocyclic compounds in Germany?

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In 2020, the average heterocyclic compound export price amounted to $25,105 per tonne, with a decrease of -6.8% against the previous year.

What is the average import price for heterocyclic compounds in Germany?

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The average heterocyclic compound import price stood at $181,525 per tonne in 2020, waning by -4.7% against the previous year.