Romania - Isocyanates - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingIsocyanates Price in Romania - 2023
Contents:
- Isocyanates Price in Romania (CIF) - 2023
- Isocyanates Price in Romania (FOB) - 2022
- Isocyanates Imports in Romania
- Isocyanates Exports in Romania
Isocyanates Price in Romania (CIF) - 2023
The average isocyanates import price stood at $2,746 per ton in June 2023, waning by -7.9% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in September 2022 when the average import price increased by 17% month-to-month. Over the period under review, average import prices attained the maximum at $3,856 per ton in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for Belgium amounted to +1.1% per month.
Isocyanates Price in Romania (FOB) - 2022
In 2022, the average isocyanates export price amounted to $3,969 per ton, declining by -5.6% against the previous year. In general, the export price, however, saw a slight expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 126%. As a result, the export price attained the peak level of $7,638 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($8,109 per ton), while the average price for exports to Turkey ($3,172 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 the Czech Republic (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Isocyanates Imports in Romania
In 2022, after three years of growth, there was significant decline in overseas purchases of isocyanates, when their volume decreased by -11.5% to 23K tons. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 23%.
In value terms, isocyanates imports fell to $66M in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 56%. As a result, imports reached the peak of $73M, and then dropped in the following year.
| Import of Isocyanates in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 20.0 | 30.3 | 50.3 | 48.2 | 34.1% |
| Germany | 11.9 | 10.7 | 12.2 | 7.8 | -13.1% |
| Belgium | 2.3 | 4.2 | 7.1 | 7.5 | 48.3% |
| Italy | 0.9 | 0.9 | 1.3 | 1.4 | 15.9% |
| Others | 0.4 | 0.5 | 1.7 | 1.1 | 40.1% |
| Total | 35.5 | 46.6 | 72.6 | 66.0 | 23.0% |
Top Suppliers of Isocyanates to Romania in 2022:
- Hungary (16.3K tons)
- Germany (3.2K tons)
- Belgium (2.5K tons)
- Italy (0.4K tons)
Isocyanates Exports in Romania
In 2022, the amount of isocyanates exported from Romania skyrocketed to 208 tons, rising by 84% on 2021 figures. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 181% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, isocyanates exports surged to $827K in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 275% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Isocyanates in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | 114 | 55.7 | 373 | 80.9% |
| Czech Republic | N/A | N/A | 276 | 202 | -26.8% |
| Bulgaria | N/A | N/A | 123 | 128 | 4.1% |
| Turkey | 147 | N/A | N/A | 79.1 | -18.7% |
| Italy | 3.0 | 0.1 | 0.1 | 40.2 | 137.5% |
| Morocco | 6.0 | N/A | 4.1 | N/A | -17.3% |
| Others | 6.8 | 12.3 | 16.2 | 5.1 | -9.1% |
| Total | 162 | 127 | 475 | 827 | 72.2% |
Top Export Markets for Isocyanates from Romania in 2022:
- Spain (104.5 tons)
- Czech Republic (50.8 tons)
- Turkey (24.9 tons)
- Bulgaria (15.8 tons)
- Italy (11.3 tons)
This report provides an in-depth analysis of the isocyanates 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 20144450 - Isocyanates
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
365
This report provides an in-depth analysis of the isocyanates market in Romania.
348
This report provides an in-depth analysis of the market for compounds with other nitrogen function in Romania.
1118
This report provides an in-depth analysis of the global isocyanates market.
463
This report provides an in-depth analysis of the global market for compounds with other nitrogen function.
365
This report provides an in-depth analysis of the isocyanates market in Romania.
348
This report provides an in-depth analysis of the market for compounds with other nitrogen function in Romania.
1118
This report provides an in-depth analysis of the global isocyanates market.
463
This report provides an in-depth analysis of the global market for compounds with other nitrogen function.
156
Explore the top import markets for isocyanates based on the import value data provided by the IndexBox market intelligence platform. Discover the key countries and their market statistics.
755
In value terms, nitrile-function compounds imports totaled $X in 2016. Overall, nitrile-function compounds imports continue to indicate a significant descent. Global nitrile-function compounds impo...
1463
In value terms, nitrogen-function compounds imports amounted to $X in 2016. In general, nitrogen-function compounds imports continue to indicate a perceptible descent. Over the period under review,...
908
In value terms, nitrile-function compounds exports totaled $X in 2016. In general, nitrile-function compounds exports continue to indicate a perceptible drop. Over the period under review, global n...
1005
In value terms, nitrogen-function compounds exports totaled $X in 2016. In general, nitrogen-function compounds exports continue to indicate a temperate slump. Global nitrogen-function compounds ex...
156
Explore the top import markets for isocyanates based on the import value data provided by the IndexBox market intelligence platform. Discover the key countries and their market statistics.
755
In value terms, nitrile-function compounds imports totaled $X in 2016. Overall, nitrile-function compounds imports continue to indicate a significant descent. Global nitrile-function compounds impo...
1463
In value terms, nitrogen-function compounds imports amounted to $X in 2016. In general, nitrogen-function compounds imports continue to indicate a perceptible descent. Over the period under review,...
908
In value terms, nitrile-function compounds exports totaled $X in 2016. In general, nitrile-function compounds exports continue to indicate a perceptible drop. Over the period under review, global n...
1005
In value terms, nitrogen-function compounds exports totaled $X in 2016. In general, nitrogen-function compounds exports continue to indicate a temperate slump. Global nitrogen-function compounds ex...
