EU: Market for Compounds With Other Nitrogen Function (Excluding Isocyanates) 2024

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

The EU market for compounds with other nitrogen function (excluding isocyanates) reduced to $X in 2022, dropping by X% against the previous year. Overall, consumption, however, continues to indicate a tangible expansion. The level of consumption peaked at $X in 2021, and then shrank in the following year.

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

In value terms, compounds with other nitrogen function production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, showed a measured increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Exports in the EU

After two years of decline, overseas shipments of compounds with other nitrogen function (excluding isocyanates) increased by X% to X tons in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, compounds with other nitrogen function exports expanded rapidly to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany represented the major exporting country with an export of around X tons, which recorded X% of total exports. Spain (X tons) ranks second in terms of the total exports with an X% share, followed by the Netherlands (X%), France (X%) and Belgium (X%). Italy (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to compounds with other nitrogen function exports from Germany stood at X%. At the same time, France (X%), the Netherlands (X%) and Spain (X%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Italy (X%) and Belgium (X%) illustrated a downward trend over the same period. While the share of Germany (X p.p.), France (X p.p.), Spain (X p.p.) and the Netherlands (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest compounds with other nitrogen function supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany stood at X%. In the other countries, the average annual rates were as follows: Spain (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Imports in the EU

In 2022, purchases abroad of compounds with other nitrogen function (excluding isocyanates) decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a slight slump. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, compounds with other nitrogen function imports shrank modestly to $X in 2022. Total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then fell in the following year.

Imports by Country

The Netherlands (X tons) and Germany (X tons) dominates imports structure, together generating X% of total imports. The following importers - Ireland (X tons), the Czech Republic (X tons), Portugal (X tons), France (X tons), Italy (X tons), Spain (X tons), Poland (X tons), Slovakia (X tons) and Sweden (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest compounds with other nitrogen function importing markets in the European Union were the Netherlands ($X), Germany ($X) and France ($X), together accounting for X% of total imports. Italy, Ireland, Portugal, Spain, Poland, the Czech Republic, Sweden and Slovakia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Portugal, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, increasing by X% against the previous year. Import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, compounds with other nitrogen function import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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