Romania - Phenylacetic Acid, Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPhenylacetic Acid Price in Romania - 2023
Contents:
- Phenylacetic Acid Price in Romania (CIF) - 2022
- Phenylacetic Acid Price in Romania (FOB) - 2022
- Phenylacetic Acid Imports in Romania
- Phenylacetic Acid Exports in Romania
Phenylacetic Acid Price in Romania (CIF) - 2022
In 2022, the average phenylacetic acid import price amounted to $16,108 per ton, reducing by -3.8% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 64% against the previous year. The import price peaked at $16,746 per ton in 2021, and then shrank modestly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($21,101 per ton), while the price for Italy ($10,004 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenylacetic Acid Price in Romania (FOB) - 2022
In 2022, the average phenylacetic acid export price amounted to $21,505 per ton, which is down by -7.5% against the previous year. Over the period under review, the export price, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 163%. Over the period under review, the average export prices hit record highs at $23,255 per ton in 2021, and then dropped in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($21,886 per ton), while the average price for exports to Croatia stood at $4,476 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.
Phenylacetic Acid Imports in Romania
In 2022, imports of phenylacetic acid, its salts and esters into Romania reduced remarkably to 24 tons, with a decrease of -46.3% against the previous year's figure. Over the period under review, imports faced a significant curtailment. The smallest decline of -1.6% was in 2021.
In value terms, phenylacetic acid imports fell dramatically to $392K in 2022. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 34%.
| Import of Phenylacetic Acid in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 126 | 44.1 | 221 | 238 | 23.6% |
| Italy | 113 | 94.6 | 106 | 99.3 | -4.2% |
| India | 173 | 351 | 1.8 | 28.6 | -45.1% |
| China | 51.6 | 159 | 405 | 14.6 | -34.4% |
| Austria | 32.6 | 22.4 | 19.6 | 3.8 | -51.2% |
| Others | 9.8 | 8.5 | 6.4 | 7.7 | -7.7% |
| Total | 506 | 679 | 759 | 392 | -8.2% |
Top Suppliers of Phenylacetic Acid to Romania in 2022:
- Germany (11.3 tons)
- Italy (9.9 tons)
- India (1.4 tons)
- China (0.9 tons)
- Austria (0.3 tons)
Phenylacetic Acid Exports in Romania
In 2022, overseas shipments of phenylacetic acid, its salts and esters decreased by -1.9% to 23 tons, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 112%. As a result, the exports reached the peak of 37 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, phenylacetic acid exports fell to $489K in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 459%.
| Export of Phenylacetic Acid in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 265 | 494 | 486 | 35.4% |
| Croatia | N/A | N/A | N/A | 2.3 | 0% |
| Bulgaria | 34.2 | 56.3 | 43.5 | N/A | 12.8% |
| Greece | 26.2 | 17.0 | 0.6 | N/A | -84.9% |
| Others | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Total | 60.5 | 338 | 539 | 489 | 100.7% |
Top Export Markets for Phenylacetic Acid from Romania in 2022:
- Germany (22.2 tons)
- Croatia (0.5 tons)
This report provides an in-depth analysis of the phenylacetic acid 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 20143367 - Phenylacetic acid, its salts and esters
- Prodcom 20143370 - Aromatic monocarboxylic acids, (anhydrides), halides, p eroxides, peroxyacids, derivatives excluding benzoic acid, p henylacetic acids their salts/esters, benzoyl peroxide, b enzoyl chloride
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
-
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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