Romania - Epoxide Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 2, 2024

Romania - Epoxide Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Epoxide Resin Price in Romania - 2023

Contents:

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

Epoxide Resin Price in Romania (CIF) - 2022

The average epoxide resin import price stood at $5,019 per ton in 2022, waning by -11.6% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 34% against the previous year. As a result, import price reached the peak level of $5,677 per ton, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($15,371 per ton), while the price for Italy ($4,743 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Epoxide Resin Price in Romania (FOB) - 2022

The average epoxide resin export price stood at $6,830 per ton in 2022, which is down by -6.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2018 an increase of 52%. As a result, the export price reached the peak level of $8,425 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($33,067 per ton), while the average price for exports to Italy ($3,174 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 Croatia (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Epoxide Resin Imports in Romania

In 2022, the amount of epoxide resins imported into Romania rose notably to 5.6K tons, increasing by 8.5% compared with 2021 figures. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 9.6%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, epoxide resin imports dropped to $28M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 47%. As a result, imports reached the peak of $30M, and then contracted modestly in the following year.

Import of Epoxide Resin in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.87.210.49.913.3%
Turkey4.44.56.37.117.3%
Italy3.73.04.44.56.7%
Poland0.80.71.21.111.2%
South Korea0.40.41.00.826.0%
Austria0.20.30.40.751.8%
Belgium1.10.80.50.5-23.1%
Others3.73.35.43.70.0%
Total21.120.129.528.310.3%

Top Suppliers of Epoxide Resin to Romania in 2022:

  1. Germany (1982.0 tons)
  2. Turkey (1386.6 tons)
  3. Italy (951.0 tons)
  4. Poland (193.9 tons)
  5. South Korea (156.3 tons)
  6. Austria (80.4 tons)
  7. Belgium (53.5 tons)

Epoxide Resin Exports in Romania

Epoxide resin exports from Romania dropped remarkably to 111 tons in 2022, shrinking by -24.9% against 2021 figures. In general, exports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 39%. As a result, the exports attained the peak of 148 tons, and then contracted dramatically in the following year.

In value terms, epoxide resin exports dropped markedly to $761K in 2022. Over the period under review, total exports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +13.9% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 51% against the previous year. As a result, the exports reached the peak of $1.1M, and then reduced markedly in the following year.

Export of Epoxide Resin in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria16916342828819.4%
Germany69.912812212822.3%
Hungary4.81.171.662.5135.3%
France11.750.214047.960.0%
Italy85.251.654.042.9-20.4%
Turkey13755.952.541.9-32.6%
Moldova75.743.458.340.7-18.7%
India24.819.266.234.211.3%
Brazil11.7N/A23.025.529.7%
Greece9.118.926.920.631.3%
SpainN/A3.03.57.356.0%
United KingdomN/A14916.01.3-90.7%
Others68.236.127.120.4-33.1%
Total6687191,0887614.4%

Top Export Markets for Epoxide Resin from Romania in 2022:

  1. Bulgaria (46.1 tons)
  2. Italy (13.5 tons)
  3. Turkey (10.9 tons)
  4. Germany (10.4 tons)
  5. Moldova (4.6 tons)
  6. Hungary (4.6 tons)
  7. India (3.8 tons)
  8. Greece (3.5 tons)
  9. Brazil (2.8 tons)
  10. France (2.8 tons)
  11. Spain (1.6 tons)
  12. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the epoxide 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 20164030 - Epoxide resins, in primary forms

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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