Romania - Amino Resins - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 2, 2024

Romania - Amino Resins - Market Analysis, Forecast, Size, Trends And Insights

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Amino Resin Price in Romania - 2023

Contents:

  1. Amino Resin Price in Romania (CIF) - 2022
  2. Amino Resin Price in Romania (FOB) - 2023
  3. Amino Resin Imports in Romania
  4. Amino Resin Exports in Romania

Amino Resin Price in Romania (CIF) - 2022

The average amino resin import price stood at $2,743 per ton in 2022, waning by -3.6% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, amino resin import price increased by +73.9% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 69% against the previous year. As a result, import price attained the peak level of $2,846 per ton, and then declined modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($2,887 per ton) and Hungary ($2,780 per ton), while the price for Saudi Arabia ($2,548 per ton) and Belgium ($2,560 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Amino Resin Price in Romania (FOB) - 2023

The average amino resin export price stood at $2,192 per ton in August 2023, shrinking by -2.3% against the previous month. In general, the export price, however, showed a modest increase. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 144% against the previous month. As a result, the export price reached the peak level of $8,637 per ton. From June 2023 to August 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Moldova ($4,519 per ton), while the average price for exports to Slovakia ($1,987 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Amino Resin Imports in Romania

In 2022, amino resin imports into Romania declined to 54K tons, with a decrease of -4.9% compared with the previous year. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of 56K tons, and then contracted slightly in the following year.

In value terms, amino resin imports shrank to $147M in 2022. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year. As a result, imports reached the peak of $161M, and then contracted in the following year.

Import of Amino Resin in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary25.030.069.361.334.8%
Germany17.214.419.727.817.4%
Netherlands18.48.720.115.9-4.8%
Belgium8.06.612.612.114.8%
Saudi Arabia4.26.618.69.832.6%
Turkey0.62.82.36.5121.3%
South Korea1.10.73.44.863.4%
Others4.04.214.78.930.5%
Total78.674.016114723.2%

Top Suppliers of Amino Resin to Romania in 2022:

  1. Hungary (22.0K tons)
  2. Germany (9.6K tons)
  3. Netherlands (5.8K tons)
  4. Belgium (4.7K tons)
  5. Saudi Arabia (3.8K tons)
  6. Turkey (2.5K tons)
  7. South Korea (1.8K tons)

Amino Resin Exports in Romania

In 2022, overseas shipments of amino resins increased by 161% to 1.5K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, amino resin exports surged to $3.4M in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Amino Resin in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/A22.26561,547734.8%
ItalyN/A4899271,43671.4%
PolandN/AN/A8.41191316.7%
Moldova36.164.810810743.6%
Turkey975699N/A72.4-58.0%
Others48.891.022110127.4%
Total1,0601,3661,9213,38347.2%

Top Export Markets for Amino Resin from Romania in 2022:

  1. Italy (760.1 tons)
  2. Hungary (640.2 tons)
  3. Poland (54.4 tons)
  4. Turkey (27.0 tons)
  5. Moldova (24.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the amino resin 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 20165630 - Amino resins, in primary forms (excluding urea and thiourea resins, melamine resins)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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