Romania - Ethyl Alcohol - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEthanol Price in Romania - 2023
Contents:
- Ethanol Price in Romania (CIF) - 2023
- Ethanol Price in Romania (FOB) - 2022
- Ethanol Imports in Romania
- Ethanol Exports in Romania
Ethanol Price in Romania (CIF) - 2023
The average ethanol import price stood at $933 per thousand litres in June 2023, dropping by -3% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 19% against the previous month. Over the period under review, average import prices hit record highs at $1.1 per litre in August 2022; however, from September 2022 to June 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Slovakia ($1.4 per litre) and Bulgaria ($952 per thousand litres), while the price for Hungary ($926 per thousand litres) and Austria ($931 per thousand litres) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Hungary (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Ethanol Price in Romania (FOB) - 2022
The average ethanol export price stood at $1.4 per litre in 2022, falling by -50.8% against the previous year. Overall, the export price, however, enjoyed a pronounced expansion. The growth pace was the most rapid in 2020 an increase of 257%. Over the period under review, the average export prices hit record highs at $2.8 per litre in 2021, and then shrank rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($2.6 per litre), while the average price for exports to the Netherlands ($1.3 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Ethanol Imports in Romania
In 2022, the amount of ethyl alcohol imported into Romania amounted to 219M litres, surging by 11% compared with 2021 figures. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ethanol imports surged to $218M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ethanol in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 112 | 99.6 | 124 | 112 | 0.0% |
| Bulgaria | 8.2 | 10.7 | 18.9 | 65.9 | 100.3% |
| Austria | 7.9 | 4.5 | 4.0 | 20.0 | 36.3% |
| Slovakia | 3.4 | 12.2 | 11.3 | 15.3 | 65.1% |
| Others | 1.8 | 11.7 | 7.5 | 4.4 | 34.7% |
| Total | 133 | 139 | 165 | 218 | 17.9% |
Top Suppliers of Ethanol to Romania in 2022:
- Hungary (124.7M litres)
- Bulgaria (59.6M litres)
- Austria (16.8M litres)
- Slovakia (13.6M litres)
Ethanol Exports in Romania
In 2022, shipments abroad of ethyl alcohol was finally on the rise to reach 952K litres for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt curtailment. The exports peaked at 1.3M litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, ethanol exports skyrocketed to $1.3M in 2022. Over the period under review, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ethanol in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 53.6 | 26.7 | 1.3 | 1,118 | 175.3% |
| United Kingdom | 21.2 | 304 | 120 | 114 | 75.2% |
| Germany | 15.5 | 264 | 30.1 | 30.1 | 24.8% |
| Greece | 848 | N/A | N/A | N/A | 0% |
| Singapore | N/A | 184 | N/A | N/A | 0% |
| Others | 28.4 | 404 | 51.4 | 38.6 | 10.8% |
| Total | 967 | 1,183 | 203 | 1,301 | 10.4% |
Top Export Markets for Ethanol from Romania in 2022:
- Netherlands (869.2K litres)
- United Kingdom (52.9K litres)
- Germany (14.4K litres)
This report provides an in-depth analysis of the ethanol 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 20147400 - Undenatured ethyl alcohol of an alcoholic strength by volume. .80 % (important: excluding alcohol duty)
- Prodcom 20147500 - Denatured ethyl alcohol and other denatured spirits, of any strength
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
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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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