Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Saudi Arabia - 2022

Contents:

  1. Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Saudi Arabia (FOB) - 2022
  2. Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Saudi Arabia (CIF) - 2022
  3. Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Saudi Arabia
  4. Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Saudi Arabia

Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Saudi Arabia (FOB) - 2022

In 2022, the average export price for heterocyclic compounds with oxygen hetero-atom(s) onlies amounted to $2,216 per ton, rising by 21% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2021 an increase of 32%. The export price peaked at $3,134 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($3,418 per ton), while the average price for exports to China ($1,783 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Saudi Arabia (CIF) - 2022

In 2022, the average import price for heterocyclic compounds with oxygen hetero-atom(s) onlies amounted to $20,695 per ton, surging by 349% against the previous year. In general, the import price recorded a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($75,498 per ton), while the price for China ($10,566 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+74.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Saudi Arabia

After three years of growth, shipments abroad of heterocyclic compounds with oxygen hetero-atom(s) onlies decreased by -37.8% to 26K tons in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 87%.

In value terms, exports of heterocyclic compounds with oxygen hetero-atom(s) onlies contracted dramatically to $57M in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. As a result, the exports reached the peak of $76M, and then declined rapidly in the following year.

Export of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Saudi Arabia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.97.234.120.491.6%
Netherlands2.0N/A6.87.152.5%
GermanyN/AN/AN/A5.40%
United Arab Emirates6.77.816.34.3-13.7%
BelgiumN/AN/A3.11.3-58.1%
SwitzerlandN/A4.74.30.2-79.4%
ChinaN/A5.31.5N/A-71.7%
Others13.112.99.718.111.4%
Total24.737.975.756.832.0%

Top Export Markets for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only from Saudi Arabia in 2022:

  1. India (10.8K tons)
  2. Netherlands (3.0K tons)
  3. United Arab Emirates (2.1K tons)
  4. Germany (1.9K tons)
  5. Belgium (0.5K tons)
  6. Switzerland (0.1K tons)

Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Saudi Arabia

In 2022, imports of heterocyclic compounds with oxygen hetero-atom(s) onlies into Saudi Arabia fell significantly to 1.1K tons, shrinking by -78.7% against the previous year. Overall, imports faced a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 385%. As a result, imports attained the peak of 5.3K tons, and then reduced remarkably in the following year.

In value terms, imports of heterocyclic compounds with oxygen hetero-atom(s) onlies fell modestly to $24M in 2022. The total import value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year.

Import of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Saudi Arabia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.57.99.39.413.1%
China8.56.78.48.50.0%
India4.47.82.95.04.4%
Indonesia0.3N/AN/AN/A0%
Others0.40.24.00.614.5%
Total20.122.524.623.55.3%

Top Suppliers of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only to Saudi Arabia in 2022:

  1. China (806.5 tons)
  2. United States (160.6 tons)
  3. India (66.5 tons)

Source: IndexBox Market Intelligence Platform

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