Romania - Nitrates (Excluding Those Of Potassium) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNitrates Price in Romania - 2023
Contents:
- Nitrates Price in Romania (CIF) - 2023
- Nitrates Price in Romania (FOB) - 2022
- Nitrates Imports in Romania
- Nitrates Exports in Romania
Nitrates Price in Romania (CIF) - 2023
In May 2023, the average nitrates import price amounted to $606 per ton, increasing by 26% against the previous month. Overall, the import price, however, showed a pronounced setback. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 162% against the previous month. As a result, import price reached the peak level of $1,680 per ton. From August 2022 to May 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Poland ($720 per ton), while the price for Slovakia ($225 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Greece (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Nitrates Price in Romania (FOB) - 2022
In 2022, the average nitrates export price amounted to $592 per ton, with a decrease of -21% against the previous year. In general, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 75% against the previous year. The export price peaked at $1,641 per ton in 2013; however, from 2014 to 2022, the 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 Spain ($747 per ton), while the average price for exports to Hungary ($424 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 Cote d'Ivoire (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Nitrates Imports in Romania
In 2022, nitrates imports into Romania skyrocketed to 5K tons, picking up by 20% compared with the previous year's figure. Over the period under review, imports, however, recorded a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. As a result, imports reached the peak of 7.4K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, nitrates imports skyrocketed to $3.9M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nitrates in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 236 | 91.1 | 179 | 1,609 | 89.6% |
| Poland | 1,536 | 1,949 | 1,293 | 737 | -21.7% |
| Greece | 46.5 | 46.1 | 102 | 374 | 100.4% |
| Hungary | 112 | 186 | 226 | 328 | 43.1% |
| Norway | 87.2 | 151 | 170 | 203 | 32.5% |
| Germany | 207 | 198 | 167 | 166 | -7.1% |
| Others | 368 | 143 | 198 | 455 | 7.3% |
| Total | 2,593 | 2,764 | 2,334 | 3,872 | 14.3% |
Top Suppliers of Nitrates to Romania in 2022:
- Bulgaria (1925.2 tons)
- Poland (817.6 tons)
- Hungary (788.0 tons)
- Greece (539.2 tons)
- Norway (322.6 tons)
- Germany (307.2 tons)
Nitrates Exports in Romania
In 2022, overseas shipments of nitrates (excluding those of potassium) decreased by -93.2% to 292 kg, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 840% against the previous year. As a result, the exports attained the peak of 415 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, nitrates exports shrank markedly to $173 in 2022. Overall, exports saw a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 856% against the previous year. As a result, the exports attained the peak of $481K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Nitrates in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | N/A | 1.4 | 0.1 | -92.9% |
| Spain | N/A | N/A | 1.1 | 0.1 | -90.9% |
| Bulgaria | N/A | N/A | 0.1 | N/A | 0% |
| Cote d'Ivoire | N/A | 101 | N/A | N/A | 0% |
| Mali | N/A | 127 | N/A | N/A | 0% |
| Germany | N/A | N/A | 0.7 | N/A | 0% |
| Burkina Faso | 49.8 | 253 | N/A | N/A | 408.0% |
| Others | 0.5 | 0.6 | N/A | N/A | 20.0% |
| Total | 50.4 | 481 | 3.2 | 0.2 | -84.2% |
Top Export Markets for Nitrates from Romania in 2022:
- Hungary (136.0 kg)
- Spain (82.0 kg)
- Bulgaria (46.0 kg)
- Germany (28.0 kg)
This report provides an in-depth analysis of the nitrates 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 20134210 - Nitrates (excluding those of potassium)
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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This report provides an in-depth analysis of the nitrates market in Romania.
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In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
1347
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
929
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
649
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
1026
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
1347
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
929
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
649
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
