Overview of the Market for Compounds With Other Nitrogen Function in Spain
In value terms, compounds with other nitrogen function production amounted to $ in estimated in export prices. In general, production, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2016 with an increase of % y-o-y. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to , production remained at a lower figure.
The value of the market for compounds with other nitrogen function (excluding isocyanates) in Spain fell to $ in , remaining constant 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). Over the period under review, consumption, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the market value increased by % against the previous year. Compounds with other nitrogen function consumption peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.