Romania - Acetone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcetone Price in Romania - 2023
Contents:
- Acetone Price in Romania (CIF) - 2023
- Acetone Price in Romania (FOB) - 2022
- Acetone Imports in Romania
- Acetone Exports in Romania
Acetone Price in Romania (CIF) - 2023
The average acetone import price stood at $1,230 per ton in June 2023, falling by -4.8% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 38% month-to-month. As a result, import price reached the peak level of $1,554 per ton. From April 2023 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($1,851 per ton), while the price for Hungary ($971 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Acetone Price in Romania (FOB) - 2022
The average acetone export price stood at $1,633 per ton in 2021, picking up by 82% against the previous year. In general, the export price continues to indicate a temperate expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($3,816 per ton), while the average price for exports to Moldova ($761 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+11.9%), while the prices for the other major destinations experienced a decline.
Acetone Imports in Romania
In 2022, approx. 4.1K tons of acetone were imported into Romania; dropping by -2.5% compared with the year before. Over the period under review, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 5.3%.
In value terms, acetone imports shrank significantly to $4.8M in 2022. Overall, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 65%. As a result, imports attained the peak of $6M, and then dropped notably in the following year.
| Import of Acetone in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Poland | 2,052 | 2,286 | 3,687 | 34.0% | |
| Turkey | N/A | 27.0 | 471 | 1644.4% | |
| Germany | 339 | 241 | 442 | 14.2% | |
| Italy | 250 | 211 | 432 | 31.5% | |
| Hungary | 171 | 285 | 344 | 41.8% | |
| Netherlands | 15.9 | 141 | 186 | 242.0% | |
| Bulgaria | 41.6 | 265 | 173 | 103.9% | |
| Others | 141 | 180 | 278 | 40.4% | |
| Total | 3,010 | 3,636 | 6,013 | 41.3% | |
Top Suppliers of Acetone to Romania in 2022:
- Poland (2643.2 tons)
- Turkey (362.0 tons)
- Hungary (297.0 tons)
- Germany (281.5 tons)
- Italy (209.9 tons)
- Bulgaria (114.0 tons)
- Netherlands (107.8 tons)
Acetone Exports in Romania
In 2022, after two years of decline, there was significant growth in overseas shipments of acetone, when their volume increased by 46% to 68 tons. Overall, exports, however, showed a precipitous decline.
In value terms, acetone exports amounted to $78K in 2022. Over the period under review, exports, however, recorded a drastic downturn.
| Export of Acetone in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Moldova | 29.8 | 35.2 | 31.7 | 3.1% | |
| Germany | N/A | N/A | 23.4 | 0% | |
| Bulgaria | 86.0 | 45.1 | 16.6 | -56.1% | |
| Greece | N/A | N/A | 2.1 | 0% | |
| Others | 2.0 | 0.2 | 2.5 | 11.8% | |
| Total | 118 | 80.5 | 76.4 | -19.5% | |
Top Export Markets for Acetone from Romania in 2022:
- Moldova (41.7 tons)
- Germany (16.8 tons)
- Bulgaria (13.7 tons)
- Greece (1.2 tons)
This report provides an in-depth analysis of the acetone market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20146211 - Acetone
Country coverage:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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